1 Danforth Ln #1
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 |
|---|---|---|---|
| May 29, 2020 | Sold | ||
| Sold | |||
| Oct 24, 2019 | Listed by Humphrey Realty Group, LLC | $675,000 | |
| Listed by Humphrey Realty Group, LLC | |||
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Welcome Home! “Ipswich w/ Bonus Room." Featuring a farmers porch, two story foyer, open floor plan, hardwood floors, crown molding, recessed lighting, great room with a gas fireplace, formal living room or den, formal double column dining room with butler’s pantry leading to the spacious eat-in kitchen featuring SS appliances and granite counter tops, desirable first floor master suite with double walk-in closets, first floor laundry and a mud room leading to a spacious two car garage. Split upper level with 2 oak banister staircases, front upper level includes two bedrooms and a full bathroom for your guests, the back upper level is ideal for a home office or theater room. There is a beautiful private courtyard ideal for entertaining and relaxing. All of this in sought after Red Mill Village, a maintenance-free, active adult community offering a heated swimming pool, meetinghouse, function room, resident gardens in a park like setting with walking trails and conservation land.
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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 |
|---|---|---|---|---|---|---|---|
|
10/24/2019
|
3 Bed
|
3 Bath
|
3031 ft²
|
$675,000
3 Bed
3 Bath
3031 ft²
|
$645,000
-4.44%
05/29/2020
|
Kathleen Humphrey
Humphrey Realty Group, LLC
| |
|
07/28/2005
|
3 Bed
|
2 Bath
|
2616 ft²
|
$593,000
3 Bed
2 Bath
2616 ft²
|
$728,508
+22.85%
06/30/2006
|
Nancy McLaughlin
Redfin Corp.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017