1351 Gem Circle #33
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 |
|---|---|---|---|
| Mar 2, 2020 | Sold | ||
| Sold | |||
| Oct 19, 2019 | Listed by HouseMax Pro Realty | $220,000 | |
| Listed by HouseMax Pro Realty | |||
| Nov 29, 2016 | Sold | ||
| Sold | |||
| Nov 8, 2016 | Listed by RE/MAX Aerospace Realty | $185,000 | |
| Listed by RE/MAX Aerospace Realty | |||
| |||
|
Completely renovated and beautifully appointed...just ready for new owner. Features include, wood flooring, stainless appliance's, AC system, fenced yard and fixtures.
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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 |
|---|---|---|---|---|---|---|---|
|
10/19/2019
|
3 Bed
|
2 Bath
|
1585 ft²
|
$220,000
3 Bed
2 Bath
1585 ft²
|
$215,000
-2.27%
03/02/2020
|
LARRY BARTHER, JR
O-LUXURY REALTY LLC
| |
|
11/08/2016
|
3 Bed
|
2 Bath
|
1585 ft²
|
$185,000
3 Bed
2 Bath
1585 ft²
|
$185,000
11/18/2016
|
Karen Kuta
RE/MAX Aerospace Realty
|
Building Info
About Rockledge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017