102 Mitchell Drive #102
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 |
|---|---|---|---|
| Oct 1, 2021 | Sold | ||
| Sold | |||
| Jul 27, 2021 | Listed by Property One | $118,000 | |
| Listed by Property One | |||
| | |||
|
Why rent when you can own this Lovely Condo! One Floor Living at its BEST! Galley Kitchen has plenty of cabinets and counter space, as well as a Dining Nook. Spacious Living Room. Large Bedroom with Double Closet space. Newer carpet in Living Room and Bedroom. Updated Bath with Tiled floors. Upgraded Windows with large Picture Window in the Living Room. In unit laundry. Private Patio that looks out over the beautiful grassy landscape. Oversized One car Garage with plenty of room for workbench or storage. Gas heat. Newer AC unit. At “The Crossing” you can Enjoy the beautiful pool, tennis court and there is also a club house on the premises. Minutes to Pike, Routes, Highways, and area amenities!
| |||
| May 25, 2016 | Sold | ||
| Sold | |||
| Jan 11, 2016 | Listed by Coldwell Banker Realty - Westfield | $86,900 | |
| Listed by Coldwell Banker Realty - Westfield | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/27/2021
|
1 Bed
|
1 Bath
|
674 ft²
|
$118,000
1 Bed
1 Bath
674 ft²
|
$120,000
+1.69%
10/01/2021
|
Michelle Stegall
Property One
| |
|
01/11/2016
|
1 Bed
|
1 Bath
|
680 ft²
|
$86,900
1 Bed
1 Bath
680 ft²
|
$86,900
05/25/2016
|
Linda Wortman
Coldwell Banker Realty - Westfield
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017