116 Sconti Ridge #418
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 |
|---|---|---|---|
| Apr 9, 2024 | Sold | ||
| Sold | |||
| Dec 19, 2023 | Listed by Harry Norman Realtors | $375,000 | |
| Listed by Harry Norman Realtors | |||
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**OWNER IS ACCEPTING BACK UP OFFERS!*** Come and enjoy all that Big Canoe has to offer. This home is walking distance to the beach club, lakes, hiking trails, pool, fitness center (with wonderful massage therapists), and the rockslide. A very short drive to the clubhouse and you can enjoy amazing cuisine, drinks, and live music with a view of the lake. Other amenities include 27 holes of golf, tennis, pickleball, bocce, dog parks, a second pool, pontoon boats, kayaks, paddle boards, and too many clubs to mention. This completely renovated condominium has two spacious bedrooms upstairs with a shared bath, a primary bedroom on main, plus a flex room (could be home office, den, yoga room) and renovated full bath. Your fur baby even gets their own cozy room under the stairs. The vaulted ceilings and large, stacked stone, wood burning fireplace along with the sounds of nature make this a cozy getaway or full time residence. Short and long term rentals allowed making this a great option as a second home or investment property. There are numerous wineries nearby – invite your friends and make it a weekend event (there are wine tour buses available in the area).
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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 |
|---|---|---|---|---|---|---|---|
|
04/27/2024
|
2 Bed
|
2 Bath
|
1108 ft²
|
$289,000
2 Bed
2 Bath
1108 ft²
|
$259,000
-10.38%
06/12/2024
|
Maggie Hosmer
HARRY NORMAN REALTORS
| |
|
12/19/2023
|
3 Bed
|
2 Bath
|
1839 ft²
|
$375,000
3 Bed
2 Bath
1839 ft²
|
$375,000
04/09/2024
|
Maggie Hosmer
HARRY NORMAN REALTORS
| |
|
11/19/2022
|
2 Bed
|
2 Bath
|
1108 ft²
|
$240,000
2 Bed
2 Bath
1108 ft²
|
-
-
|
SHELBY COLLINS
HARRY NORMAN REALTORS
| |
|
01/14/2019
| |
2 Bed
|
2 Bath
|
-
|
$134,900
2 Bed
2 Bath
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017