148 Ariel Cir #56
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 |
|---|---|---|---|
| Mar 1, 2024 | Sold | ||
| Sold | |||
| Jan 22, 2024 | In contract | - | |
| In contract | |||
| Jan 21, 2024 | Relisted | $525,000 | |
| Relisted | |||
| Jan 15, 2024 | In contract | - | |
| In contract | |||
| Jan 7, 2024 | Listed by ERA Key Realty Services | $525,000 | |
| Listed by ERA Key Realty Services | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/07/2024
|
2 Bed
|
3 Bath
|
2418 ft²
|
$525,000
2 Bed
3 Bath
2418 ft²
|
$502,000
-4.38%
03/01/2024
|
Shripad Nandurbarkar
Coldwell Banker Realty - Northborough
| |
|
07/19/2023
|
2 Bed
|
3 Bath
|
2418 ft²
|
$465,000
2 Bed
3 Bath
2418 ft²
|
$505,000
+8.60%
08/31/2023
|
The Balestracci Group
Lamacchia Realty, Inc.
| |
|
05/01/2013
|
2 Bed
|
3 Bath
|
2100 ft²
|
$249,997
2 Bed
3 Bath
2100 ft²
|
$248,000
-0.80%
07/09/2013
|
Joanna King
Tangney Properties
| |
|
05/18/2007
|
2 Bed
|
3 Bath
|
2143 ft²
|
$279,900
2 Bed
3 Bath
2143 ft²
|
$275,000
-1.75%
06/16/2008
|
Mary Didomenico
Coldwell Banker Realty - Northborough
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017