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$105,000
● Condo - Off Market

11 Gibbs #A1

bedrooms
2 Beds
bathrooms
2 Baths
square feet
948 Ft²
$240,355
RealtyHop Estimate
135.64%
Since May 1, 2003
National-US
Primary Model

About This Property

OPEN FLOOR PLAN 5RM, 2BR, 2BATH CONDO MIN TO  MAIN ROUTES MOVE RIGHT IN AND ENJOY CAREFREE LIVING WITH LOW CONDO FEES. HUGE LR/DR COMBO, WITH BREAKFEST BAR, LG. MASTER BR W/ BATH, UPGRADES INC TILE BATHS, KITCHEN, APPLIANCED, JUST PAINTED!!
Unit Size
948 Ft²
Days on Market
-
Land Size
-
Price per sqft
$108
Property Type
Condo
Property Taxes
$71
HOA Dues
$135
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 4 years ago (MLSPIN #30648968)

Price History

Date / Event Date Event Price
Apr 30, 2003 Sold
Premium
Sold
Sep 19, 2002 Listed by Real Estate Marketplace $102,000
Listed by Real Estate Marketplace

Property Highlights

Air Conditioning
Interior Details
Level: First
Level: First
Level: First
Level: First
Level: First
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Other, Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Tile, Carpet
Laundry Features: First Floor, Washer Hookup
Rooms: 5
Basement: N
Parking Details
Parking Features: Deeded
Exterior Details
Entry Level: 1
Security Features: Intercom, Security System
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Wyndemere Heights
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Patio
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: 102 RES
Parcel Number: 4413998
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 31
Tax Assessed Value: $47,900
Tax Annual Amount: $855
Utilities Details
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Cooling Type: Wall Unit(s)
Heating Type: Electric Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Security, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Park, Storage
HOA Fee: $135
Complex is Completed
Management: Owner Association

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30648968
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