131 Colonial Circle #A
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 |
|---|---|---|---|
| Sep 30, 2019 | Sold | ||
| Sold | |||
| May 24, 2019 | Listed by Gallagher Real Estate | $95,000 | |
| Listed by Gallagher Real Estate | |||
| May 1, 2019 | Sold | ||
| Sold | |||
| Jul 18, 2013 | Sold | ||
| Sold | |||
| May 8, 2013 | Listed by RE/MAX Compass | $59,900 | |
| Listed by RE/MAX Compass | |||
| | |||
|
Huge opportunity for someone to move right into this meticulously maintained 1 bedroom condominium. With historically low rates you can own for less than paying rent.! Condo fee includes heat and hot water. Condominium project is FHA approved.
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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 |
|---|---|---|---|---|---|---|---|
|
03/23/2022
|
1 Bed
|
1 Bath
|
745 ft²
|
$119,900
1 Bed
1 Bath
745 ft²
|
$125,000
+4.25%
04/28/2022
|
Vicente Acevedo
1 Worcester Homes
| |
|
03/27/2020
|
1 Bed
|
1 Bath
|
745 ft²
|
$93,000
1 Bed
1 Bath
745 ft²
|
$100,000
+7.53%
09/02/2020
|
Teresa Kubacka
Lamacchia Realty, Inc.
| |
|
05/24/2019
|
1 Bed
|
1 Bath
|
720 ft²
|
$95,000
1 Bed
1 Bath
720 ft²
|
$90,000
-5.26%
09/30/2019
|
The Ashton, Gallagher, Ag & Bloom Team
Gallagher Real Estate
| |
|
05/08/2013
|
1 Bed
|
1 Bath
|
720 ft²
|
$59,900
1 Bed
1 Bath
720 ft²
|
$57,500
-4.01%
07/18/2013
|
Suzanne Bergeron
MerryFox Realty
| |
|
07/12/2005
|
1 Bed
|
1 Bath
|
720 ft²
|
$87,900
1 Bed
1 Bath
720 ft²
|
$87,900
08/22/2005
|
Edward Alford
Advanced Global Realty
| |
|
06/09/2005
|
1 Bed
|
1 Bath
|
745 ft²
|
$86,000
1 Bed
1 Bath
745 ft²
|
$84,000
-2.33%
10/21/2005
|
Sandy Wentworth
| |
|
10/07/2003
|
1 Bed
|
1 Bath
|
745 ft²
|
$59,900
1 Bed
1 Bath
745 ft²
|
$58,000
-3.17%
12/31/2003
|
Sandy Wentworth Miller
Jones Group REALTORS®
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017