10.5 Herbert #21
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%.
How much can I actually make?
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 |
|---|---|---|---|
| Aug 13, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Aug 10, 2023 | Listed by Atlantic Coast Homes,Inc | $249,900 | |
| Listed by Atlantic Coast Homes,Inc | |||
| | |||
|
Location, location, location! This 3 room, 1 bedroom condo unit is a great alternative to renting or a great investment property depending on what you are looking for. The unit sits on the second floor and consists of a living room, kitchen and bedroom with a full bathroom. There is a porch just outside of your door that you can enjoy a book drink or meal on. There is also a shared patio space for entertaining. Other amenities include, a storage shed out back and an exclusive use storage unit down in the basement as well as laundry for the building. Close proximity to many things including Pickering Wharf, Salem Commons, Derby St, Restaurants, Salem Willows and so much more. Join us for the open house Sunday 8/13, 11-1.
| |||
| Sep 15, 2014 | Sold | ||
| Sold | |||
| Mar 6, 2014 | Listed by Sagan Harborside Sotheby's International Realty | $149,900 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/10/2023
|
1 Bed
|
1 Bath
|
-
|
$249,900
1 Bed
1 Bath
|
-
-
|
Farrar Realty Group
Atlantic Coast Homes,Inc
| |
|
07/03/2014
|
1 Bed
|
1 Bath
|
402 ft²
|
$144,900
1 Bed
1 Bath
402 ft²
|
$139,000
-4.07%
09/24/2014
|
Richard Cooper
Sagan Harborside Sotheby's International Realty
| |
|
03/06/2014
|
1 Bed
|
1 Bath
|
494 ft²
|
$149,900
1 Bed
1 Bath
494 ft²
|
$140,000
-6.60%
09/15/2014
|
Richard Cooper
Sagan Harborside Sotheby's International Realty
| |
|
04/14/2009
|
1 Bed
|
1 Bath
|
494 ft²
|
$159,900
1 Bed
1 Bath
494 ft²
|
$159,000
-0.56%
11/06/2009
|
Raymond Turcotte
Coldwell Banker Realty
| |
|
06/21/2004
| |
4 Bed
|
2 Bath
|
2125 ft²
|
$389,000
4 Bed
2 Bath
2125 ft²
|
$393,000
+1.03%
09/09/2004
|
Jane Denofrio
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017