1 Admirals Lane #39
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 28, 2012 | Sold | ||
| Sold | |||
| Jul 5, 2012 | Listed by Coldwell Banker Realty - Marblehead | $339,000 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
| | |||
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Bright & sunny town house style condominium, great location in Mariner Village. Large bedrooms and family room.This unit features the large dining room area that is very desirable. Recently painted interior & new flooring in family room. Two fireplaces. Lovely grassy area to the left of the unit. Unit is available for rent $2,400/month or rent with an option to buy.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/05/2012
|
2 Bed
|
3 Bath
|
2365 ft²
|
$339,000
2 Bed
3 Bath
2365 ft²
|
$320,000
-5.60%
09/28/2012
|
Eleanor Dubin
Coldwell Banker Realty - Marblehead
| |
|
06/04/2002
|
2 Bed
|
3 Bath
|
2200 ft²
|
$349,000
2 Bed
3 Bath
2200 ft²
|
$342,500
-1.86%
08/15/2002
|
Eleanor Dubin
Coldwell Banker Realty - Marblehead
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017