111 Ariel Circle #111
About This Property
The manager has listed the unit size as 2057 square feet.
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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 5, 2020 | Sold | ||
| Sold | |||
| Nov 13, 2019 | Listed | $320,000 | |
| Listed | |||
| | |||
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Scenic Forest Edge townhouse featuring, 2 master bedrooms on second floor, 2.5 bath, Sutton Style Townhouse. This unit offers a open floor plan living room/dining room with cathedral ceilings, surround sound, gas marble/fireplace, skylights and slider leading to large deck. Second floor offers, 2 master bedroom suites that open to a large loft, laundry room completes the second floor. One of the master suite offers a walk in closet and his and her's closets and large master bath. Hardwood floors throughout the first floor. This unit has been freshly painted throughout. New kitchen with soft close cabinets with lower drawer style and hidden paneled dishwasher, all stainless steel appliances and beautiful countertops were recently installed. Large basement offers future expansion possibilities, plumbing is roughed in for a full bath. Basement also has garage access. 1st floor office off the living room. Centrally located with quick access to highways and shopping.
| |||
| Oct 10, 2019 | No longer available | - | |
| No longer available | |||
| Sep 22, 2019 | Price Decreased |
$299,000
↓ $11K
(3.5%) | |
| Price Decreased | |||
| Sep 8, 2019 | Price Decreased |
$309,900
↓ $5K
(1.6%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/13/2019
|
2 Bed
|
2 Bath
|
2057 ft²
|
$320,000
2 Bed
2 Bath
2057 ft²
|
$315,000
-1.56%
03/05/2020
|
Catherine Longo
Emerson REALTORS®
| |
|
04/23/2019
|
2 Bed
|
3 Bath
|
2057 ft²
|
$335,900
2 Bed
3 Bath
2057 ft²
|
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017