116 Danforth #1
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 |
|---|---|---|---|
| Jun 30, 2022 | Sold | ||
| Sold | |||
| Jun 2, 2022 | Listed by Waybridge Realty | $410,000 | |
| Listed by Waybridge Realty | |||
| | |||
|
Orignial 3 Family Home...Now 3 individual Condo Units. All Owner Occupied. This is the largest of the 3 Units. Excellent Condition, mostly update with newOak flooring in upper level, New Vinyl Oak Flooring in 1st Fl. Familyroom with Cathedral and Bay Window. Dining Area off kitchen and formal dining room. Parlor, or Office or Bedroom on 1st Floor. Upper Level 2 Large size bedroom with 1 smaller Bedroom. The small room has potential to become upper full bath with some plumbing incl.
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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 |
|---|---|---|---|---|---|---|---|
|
06/02/2022
|
4 Bed
|
1 Bath
|
1893 ft²
|
$410,000
4 Bed
1 Bath
1893 ft²
|
$408,000
-0.49%
06/30/2022
|
Barbara Matyi
Waybridge Realty
| |
|
11/04/2004
|
4 Bed
|
1 Bath
|
1913 ft²
|
$329,900
4 Bed
1 Bath
1913 ft²
|
$329,900
12/23/2004
|
Sue Hanna
Re/max Realty Associates
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017