111 Andersen Rd #111
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 31, 2010 | Sold | ||
| Sold | |||
| Mar 3, 2010 | Listed by William Raveis R.E. & Home Services | $127,500 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
|
Luxury and updates throughout in one of the nicest condos in Ridgewood Village! Fantastic kitchen with increased granite countertop space, and a granite breakfast bar. Quality laminate wood floors. Ceramic tile bath. Walls in most areas are professionally painted and faux finished. Modern lighting and ceiling fans. Ample storage space thanks to closet organizers, a built in closet in one bedroom, and lofted storage space in garage. Beautiful garden with established perennials in patio.
| |||
| Jun 23, 2006 | Sold | ||
| Sold | |||
| Mar 20, 2006 | Listed | $125,000 | |
| Listed | |||
| Sep 26, 2000 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/03/2010
|
2 Bed
|
1 Bath
|
859 ft²
|
$127,500
2 Bed
1 Bath
859 ft²
|
$125,500
-1.57%
08/31/2010
|
Connie Desmarais
Coldwell Banker Realty - Chicopee
| |
|
03/20/2006
|
2 Bed
|
1 Bath
|
860 ft²
|
$125,000
2 Bed
1 Bath
860 ft²
|
$126,500
+1.20%
06/23/2006
|
Steven Laplante
ERA M Connie Laplante
| |
|
06/06/2000
|
2 Bed
|
1 Bath
|
-
|
$71,499
2 Bed
1 Bath
|
$66,500
-6.99%
09/26/2000
|
Meli Morash
William Raveis R.E. & Home Services
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017