11 Garrison Road #5
About This Property
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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.
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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 10, 2022 | Sold | ||
| Sold | |||
| Dec 3, 2021 | Listed by Keller Williams Realty | $699,900 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Opportunity has arrived. This condo is distressed and in need of a complete remodel but wow, you can not beat the location. Washington Square and all it has to offer is only steps away. The unit features 1,425 square feet of living space, including a large foyer area, two huge bedrooms and a living room/dining area that is 22 feet by 16 feet. There is also a fireplace in the living room, as well as the master bedroom. In-unit laundry. One assigned parking space. The unit has no electricity and it will not be turned on prior to the closing. Buyer and Buyer's agent to perform due diligence. Subject to a license to sell.The unit is assessed for over a million dollars. Contractor's take notice! This is a nice winter project. PLEASE NOTE- Offers submitted with an escalation clause will not be accepted by the attorney.
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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 |
|---|---|---|---|---|---|---|---|
|
05/26/2023
|
1 Bed
|
1 Bath
|
453 ft²
|
$465,000
1 Bed
1 Bath
453 ft²
|
$465,000
07/25/2023
|
The Home Group
Coldwell Banker Realty - Lynnfield
| |
|
10/05/2022
|
2 Bed
|
2 Bath
|
1500 ft²
|
$1,178,000
2 Bed
2 Bath
1500 ft²
|
$1,030,500
-12.52%
11/30/2022
|
Svetlana Sheinina
eXp Realty, LLC
| |
|
09/14/2022
|
1 Bed
|
1 Bath
|
715 ft²
|
$449,900
1 Bed
1 Bath
715 ft²
|
$440,000
-2.20%
12/29/2022
|
Dillon Currier
CHARLES RUTENBERG REALTY INC
| |
|
12/03/2021
|
2 Bed
|
1 Bath
|
1425 ft²
|
$699,900
2 Bed
1 Bath
1425 ft²
|
$726,000
+3.73%
03/10/2022
|
Kevin Keating
Keating Brokerage
| |
|
06/25/2015
|
1 Bed
|
1 Bath
|
453 ft²
|
$399,500
1 Bed
1 Bath
453 ft²
|
$415,000
+3.88%
08/14/2015
|
Aurel Garban
Unlimited Sotheby's International Realty
| |
|
05/14/2014
|
1 Bed
|
1 Bath
|
453 ft²
|
$325,000
1 Bed
1 Bath
453 ft²
|
$299,000
-8.00%
08/01/2014
|
Robert Imperato
Boston Realty Associates
| |
|
02/07/2013
|
1 Bed
|
1 Bath
|
715 ft²
|
$379,000
1 Bed
1 Bath
715 ft²
|
$379,000
06/28/2013
|
Lynne Eliopoulos
ERA Key Realty Services- Fram
| |
|
12/06/2012
|
1 Bed
|
2 Bath
|
810 ft²
|
$369,900
1 Bed
2 Bath
810 ft²
|
$371,400
+0.41%
03/27/2013
|
Roy Caley
Compass
| |
|
09/29/2007
|
Studio
|
1 Bath
|
453 ft²
|
$259,000
Studio
1 Bath
453 ft²
|
$235,000
-9.27%
06/19/2008
|
Robert Imperato
Boston Realty Associates
| |
|
05/18/2006
|
3 Bed
|
2 Bath
|
1500 ft²
|
$659,000
3 Bed
2 Bath
1500 ft²
|
$640,000
-2.88%
07/25/2006
|
Mona Wiener
Hammond Residential Real Estate
| |
|
03/09/2006
|
1 Bed
|
1 Bath
|
715 ft²
|
$359,900
1 Bed
1 Bath
715 ft²
|
$333,000
-7.47%
08/04/2006
|
Todd Lyman
Century 21 The Howard Group
| |
|
08/10/2004
|
2 Bed
|
2 Bath
|
1500 ft²
|
$679,900
2 Bed
2 Bath
1500 ft²
|
$685,100
+0.76%
10/08/2004
|
Betsy Herald
The Charles Realty
| |
|
01/03/2003
|
2 Bed
|
2 Bath
|
1500 ft²
|
$525,000
2 Bed
2 Bath
1500 ft²
|
$525,000
03/31/2003
|
Jeannie Carlyn
Coldwell Banker Realty - Brookline
| |
|
08/03/2001
|
1 Bed
|
1 Bath
|
715 ft²
|
$269,000
1 Bed
1 Bath
715 ft²
|
$269,000
10/01/2001
|
Jonathan Sandler
Coldwell Banker Realty - Brookline
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017