1493 Prospect Place #2
About This Property
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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.
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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 |
|---|---|---|---|
| May 9, 2024 | Sold | ||
| Sold | |||
| Feb 25, 2024 | In contract | - | |
| In contract | |||
| Dec 31, 2022 | Listed by Compass | $550,000 | |
| Listed by Compass | |||
| |||
|
Modern Luxury Meets Historic Charm: Desirable 3-Bed Condo in Weeksville
***This home qualifies for an exclusive loan product with a downpayment as low as 3% PLUS $7,500 in closing costs to buyer!***
Elevate your lifestyle with this exquisite 3-bed condo in the sought-after, historic enclave of Weeksville. Uncompromisingly spacious, each of the three bedrooms offers real-sized comfort, while the open kitchen living layout beckons with its stunning design.
Immerse yourself in culinary splendor within the sleek, modern kitchen, featuring top-tier stainless steel appliances, including a dishwasher for effortless cleanup. This layout is tailor-made for hosting memorable gatherings, ensuring your entertainment endeavors shine.
Natural light cascades generously throughout the apartment, creating an ambiance that's both refreshing and invigorating. But wait, there's more - an additional storage space awaits, housing your personal washer/dryer for unparalleled convenience.
Step beyond your chic retreat and discover a serene common outdoor space, complete with inviting seating areas, perfect for unwinding amidst the charm of historic Weeksville.
Low low monthly common charges + Twenty-five year tax abatement with nine years remaining! With it's coveted location and contemporary allure, this condo presents a rare opportunity. Experience the epitome of urban living in Weeksville - your dream home awaits.
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| Mar 21, 2022 | Sold | ||
| Sold | |||
| Jul 30, 2021 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/31/2022
|
3 Bed
|
1 Bath
|
800 ft²
|
$572,000
3 Bed
1 Bath
800 ft²
|
$550,000
-3.85%
05/09/2024
|
Shameika Wade
The Corcoran Group
| |
|
12/17/2019
|
3 Bed
|
1 Bath
|
1371 ft²
|
$682,000
3 Bed
1 Bath
1371 ft²
|
$691,600
+1.41%
05/07/2020
|
Jonah Cohen
Corcoran Group
| |
|
08/14/2019
|
3 Bed
|
1 Bath
|
931 ft²
|
$689,000
3 Bed
1 Bath
931 ft²
|
-
-
|
Asef Ali
Home Source Realty Inc
| |
|
04/24/2017
|
3 Bed
|
1 Bath
|
-
|
$724,900
3 Bed
1 Bath
|
$700,000
-3.43%
06/27/2017
|
Ammar Rifae
South Shore Realty Concepts
| |
|
03/20/2014
|
3 Bed
|
1 Bath
|
1057 ft²
|
$319,000
3 Bed
1 Bath
1057 ft²
|
$319,000
12/11/2014
|
Gregory P. Ottey
Voro LLC
| |
|
06/14/2012
|
2 Bed
|
1 Bath
|
1119 ft²
|
$279,000
2 Bed
1 Bath
1119 ft²
|
$279,000
08/23/2013
|
Michael .Kenduck
Coldwell Banker American Homes
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017