115 SOLANO CAY Circle
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 |
|---|---|---|---|
| Oct 11, 2018 | Sold | ||
| Sold | |||
| Sep 11, 2018 | No longer available | - | |
| No longer available | |||
| Sep 9, 2018 | Price Decreased |
$299,900
↓ $10K
(3.3%) | |
| Price Decreased | |||
| Aug 21, 2018 | Price Increased |
$310,000
↑ $10K
(3.4%) | |
| Price Increased | |||
| Aug 14, 2018 | Listed | $299,900 | |
| Listed | |||
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Reduced $25k in Ponte Vedra Beach! Major items are done with new architectural shingle roof (2005), gutters, new chimney cap, new HVAC (2009), new water heater (2013) and re-painted cementitious siding (2014). Family room has woodburning fireplace with mantle, and crown and dental molding. Formal dining room, stainless refrigerator and newer dishwasher, washer, dryer, and laundry sink in garage. Master is down with vaulted ceilings, closet organizers and ensuite bath. 2 spacious bedrooms and small loft area upstairs. Screened porch, extended patio, and nature views. Close to beach, shops and restaurants. Community pool, homestead exemption in place for low taxes ($1862) termite bond and no CDD fees. Fence extends beyond property line. The manager has listed the unit size as 1710 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017