116 Bishops Forest Drive #116
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%.
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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 |
|---|---|---|---|
| Apr 27, 2017 | Sold | ||
| Sold | |||
| Feb 15, 2017 | Listed by Vylla Home | $609,900 | |
| Listed by Vylla Home | |||
| Jul 21, 2011 | Sold | ||
| Sold | |||
| May 20, 2011 | Listed by Vylla Home | $519,900 | |
| Listed by Vylla Home | |||
| | |||
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Move right into this lovely and spacious West facing Fairfield Unit in Bishops Forest II. Convenient and private, this unit overlooks beautiful lush woodland from the back deck,2nd floor balcony, & decorator windows. Open floor plan greets you immediately from the large foyer. Kitchen has additional 8'x7' eat in area with sliders to deck for grilling. Finished lower level offers family room/office or guest room. Swimming pool, hot tub, & tennis. Close to shopping and major routes.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/15/2017
|
2 Bed
|
4 Bath
|
2913 ft²
|
$609,900
2 Bed
4 Bath
2913 ft²
|
$609,900
04/27/2017
|
John White
Kelley & Rege Properties, Inc.
| |
|
05/20/2011
|
2 Bed
|
4 Bath
|
2913 ft²
|
$519,900
2 Bed
4 Bath
2913 ft²
|
$512,000
-1.52%
07/21/2011
|
John White
Kelley & Rege Properties, Inc.
| |
|
03/11/2004
|
2 Bed
|
4 Bath
|
2331 ft²
|
$515,000
2 Bed
4 Bath
2331 ft²
|
$526,180
+2.17%
05/13/2004
|
Ann Landau
Carlson GMAC Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017