1 Southgate #4C
About This Property
The manager has listed the unit size as 2684 square feet.
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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 |
|---|---|---|---|
| Jan 15, 2021 | Sold | ||
| Sold | |||
| Jul 15, 2020 | No longer available | - | |
| No longer available | |||
| Jul 14, 2020 | Listed | $1,595,000 | |
| Listed | |||
| | |||
|
Turn the key and move right in to one of the most prestigious apartments in all of Bronxville. The stunning hallway as you enter the apartment will give you your first glimpse of truly upscale living. Each room is expansive and dramatic with beautifully appointed details and thoughtful design elements. As one of the largest units with arguably the best layout, you'll enjoy all the comforts of a house with the ease of apartment living. This unit boasts central AC, fireplace, laundry, and storage/gym area within its sizable interior. These bonuses, along with spacious bedrooms and spectacular common rooms to entertain, are not easy to find. Please note: no pets allowed in building. **Apartment can be sold furnished or unfurnished.** Additional Information: Amenities:Storage,HeatingFuel:Oil Below Ground,ParkingFeatures:2 Car Detached,
| |||
| Apr 11, 2020 | Listed | $1,699,000 | |
| Listed | |||
| | |||
|
Turn the key and move right in to one of the most prestigious apartments in all of Bronxville. Located within Alger Court, apartment 4C, in sought after Southgate, is the one you've been waiting for. The stunning hallway as you enter the apartment will give you your first glimpse of truly upscale living. Each room is expansive and dramatic with beautifully appointed details and thoughtful design elements. As one of the largest units with arguably the best layout, you'll enjoy all the comforts of a house with the ease of apartment living. This unit boasts central AC, fireplace, laundry, and storage/gym area within its sizable interior. These bonuses, along with spacious bedrooms and spectacular common rooms to entertain, are not easy to find. Please note: no pets allowed in building. **Apartment can be sold furnished or unfurnished.** The manager has listed the unit size as 2684 square feet.
| |||
| Mar 9, 2020 | Price Decreased |
$1,699,000
↓ $86K
(4.8%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/03/2024
|
3 Bed
|
2 Bath
|
1800 ft²
|
$1,195,000
3 Bed
2 Bath
1800 ft²
|
$1,425,000
+19.25%
04/29/2024
|
Christina Diminno
Julia B Fee Sothebys Int. Rlty
| |
|
04/11/2020
|
4 Bed
|
3 Bath
|
2684 ft²
|
$1,699,000
4 Bed
3 Bath
2684 ft²
|
-
-
|
Sona Davidian
McClellan Sotheby's Int. Rlty
| |
|
11/30/2018
|
4 Bed
|
3 Bath
|
2684 ft²
|
$1,885,000
4 Bed
3 Bath
2684 ft²
|
-
-
|
Jennifer A. Gilchrist
McClellan Sotheby's Int. Rlty
| |
|
03/11/2019
|
3 Bed
|
2 Bath
|
1810 ft²
|
$1,150,000
3 Bed
2 Bath
1810 ft²
|
$1,050,000
-8.70%
08/13/2019
|
Susan Kelty Law
Houlihan Lawrence Inc.
| |
|
02/22/2016
|
2 Bed
|
2 Bath
|
1500 ft²
|
$925,000
2 Bed
2 Bath
1500 ft²
|
$995,000
+7.57%
05/26/2016
|
William Q Dowling
Julia B Fee Sothebys Int. Rlty
| |
|
05/05/2014
|
3 Bed
|
2 Bath
|
1560 ft²
|
$735,000
3 Bed
2 Bath
1560 ft²
|
$740,000
+0.68%
08/27/2014
|
Carol Bender
Houlihan Lawrence Inc.
| |
|
01/08/2014
|
2 Bed
|
2 Bath
|
1902 ft²
|
$825,000
2 Bed
2 Bath
1902 ft²
|
$785,000
-4.85%
03/14/2014
|
Mary Claire White
Houlihan Lawrence Inc.
| |
|
06/25/2013
|
3 Bed
|
2 Bath
|
1862 ft²
|
$1,175,000
3 Bed
2 Bath
1862 ft²
|
$1,100,000
-6.38%
11/25/2013
|
Colleen O' D. Fitzgerald
Park Sterling Realty
| |
|
06/10/2013
|
4 Bed
|
3 Bath
|
2510 ft²
|
$1,295,000
4 Bed
3 Bath
2510 ft²
|
$1,225,000
-5.41%
12/19/2013
|
Doris Blair
Houlihan Lawrence Inc.
| |
|
03/21/2012
|
6 Bed
|
4 Bath
|
3200 ft²
|
$1,597,000
6 Bed
4 Bath
3200 ft²
|
$1,450,000
-9.20%
10/24/2012
|
Marcia Minassian
Houlihan Lawrence Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017