11 Preston Square #11
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 27, 2015 | Sold | ||
| Sold | |||
| Apr 15, 2015 | Listed by Douglas Elliman Real Estate | $1,125,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Pristine, single family at Chapman's Reach Condominiums, a "Boston Uncommon" Community at Marina Bay. Enjoy A Waterfront Lifestyle close to Boston! This versatile "Ipswich" home with 2100 sq ft, first floor layout features expansive entertaining space and first floor MR Suite ideal for professionals, baby boomers and families with active lifestyles! As-new condition and pride of ownership assure a turn key opportunity for the new owner! Entry foyer opens to formal living room and dining room. The large south facing family room with fireplace and master suite open to brick patio, knee wall and landscaped yard. Large eat in kitchen with breakfast bar and pantry, powder room, laundry and direct access to garage and basement all on first floor! Second floor features a second bedroom suite, full bath, a third bedroom and a large Media/ bonus room with access to attic storage. Professional interior design theme, prestigious Preston Square setting and an attractive list price!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017