1021 Durham A #1021
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 |
|---|---|---|---|
| Mar 19, 2025 | Price Decreased |
$119,900
↓ $10K
(7.7%) | |
| Price Decreased | |||
| Feb 27, 2025 | Price Decreased |
$129,900
↓ $15K
(10.4%) | |
| Price Decreased | |||
| Feb 13, 2025 | Listed | $145,000 | |
| Listed | |||
| | |||
|
Absolutely, gorgeous first floor, water view 1 bedroom condo. Totally remodeled unit. Open kitchen with granite counter tops with a beautiful backslash new stainless steel appliances. Buildings roof was redone in 2024, newer A/C 2018, and new electrical panel. The bathroom is totally redone with a terrific whirlpool soaking tub.
Close to beaches, shopping, and dining. Motivated seller bring offer today.
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| Aug 22, 2024 | Sold | ||
| Sold | |||
| Apr 19, 2024 | Listed by Signature International Real E | $125,000 | |
| Listed by Signature International Real E | |||
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|
GORGEOUS , WATER VIEW , REMODELED 1/ 1 condo on the first floor. Beautiful porcelain tile throughout the entire condo. Newer AC / 2018/ and water heather /2021/ CENTRAL AIR , New el. panel . Enjoy your morning coffee with a beautiful water view in the enclosed patio. Many upgrades including the hot tub massager/whirlpool, new open kitchen, beautiful backsplash and appliances . Must see! The main clubhouse has indoor and outdoor pool, restaurant, theater, clubs, classes, billiards, tennis, pickleball, volleyball, ping pong, shuffle board, fitness center, bike trails and more. Close to Beaches, Entertainment, Dining, Shopping .Walking distance to the club house . You can rent it Seasonal after 1st year of ownership. Very motivated Seller; bring your offer today!
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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 |
|---|---|---|---|---|---|---|---|
|
04/19/2024
|
1 Bed
|
1 Bath
|
603 ft²
|
$139,900
1 Bed
1 Bath
603 ft²
|
-
-
|
Mariyana Sharenkova
Signature International Real E
| |
|
11/16/2022
| |
1 Bed
|
1 Bath
|
603 ft²
|
$139,400
1 Bed
1 Bath
603 ft²
|
$135,000
-3.16%
01/10/2023
|
John Mollica
Preferred Properties Int'l Realty Inc
|
|
07/26/2021
|
1 Bed
|
1 Bath
|
603 ft²
|
$78,000
1 Bed
1 Bath
603 ft²
|
$75,000
-3.85%
09/17/2021
|
Elisabeth Cline
Preferred Properties Int'l Rea
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017