15 Flume #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 |
|---|---|---|---|
| Mar 16, 2021 | Sold | ||
| Sold | |||
| Jan 27, 2021 | Listed by Bay Colony Realty | $499,000 | |
| Listed by Bay Colony Realty | |||
| | |||
|
Meticulously maintained and move-in ready 2 BR/2 BA condo in the heart of Magnolia Village. This home is perfectly situated next door to shopping, restaurants, and Magnolia Beach. The condo has balconies off of the living room and master bedroom with spectacular ocean views. The kitchen is bright and charming and has been updated with granite countertops newer appliances. The master bedroom has a cathedral ceiling, skylight, two double closets, and a large balcony. The unit has beautiful oak hardwood floors and the one-car garage has floor-to-ceiling shelving. In addition, there is a storage/laundry room with ample cabinets, shelves, and closets. This home is perfect for a year-round residence or weekend retreat. Pet-friendly w/restrictions.
| |||
| Jul 16, 2018 | Sold | ||
| Sold | |||
| Apr 26, 2018 | Listed by Coldwell Banker Realty - Manchester | $429,900 | |
| Listed by Coldwell Banker Realty - Manchester | |||
| | |||
|
Immaculate meticulously maintained 2 BR 2 BA condo in the heart of Magnolia Village close to shopping, restaurants & best of all the beach is just down the street! So grab your beach chair & umbrella! 2 balconies off LR & Master BR for entertaining with ocean views or relaxing with a book listening to the waves. Enjoy the summer as this condo has it all & it is move-in ready.Updated fully applianced kitchen with granite countertops & lots of windows for sunlight perfect for all of your culinary pursuits. Beautiful oak hw floors 1st floor. Master BR sanctuary with cathedral ceiling, skylight, 2 double closets & balcony right outside. Keep out of the elements with 1 car garage under with wonderful floor to ceiling shelving. Tons of storage also in laundry room with cabinets, shelves & closets. There is nothing to do but just move in & enjoy a lifestyle that is your summer getaway or your year round retreat. Pet Friendly w/restrictions.
| |||
| Jan 26, 1999 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/28/2024
|
2 Bed
|
2 Bath
|
1329 ft²
|
$625,000
2 Bed
2 Bath
1329 ft²
|
$585,000
-6.40%
12/16/2024
|
Lori Lincoln
Keller Williams - Easton
| |
|
05/09/2024
|
2 Bed
|
2 Bath
|
1315 ft²
|
$628,000
2 Bed
2 Bath
1315 ft²
|
$595,000
-5.25%
08/15/2024
|
Nice to be Home Group
RE/MAX 360
| |
|
09/12/2022
|
2 Bed
|
1 Bath
|
1360 ft²
|
$579,000
2 Bed
1 Bath
1360 ft²
|
$650,000
+12.26%
11/02/2022
|
Linda Clayton
RE/MAX 360
| |
|
01/27/2021
|
2 Bed
|
2 Bath
|
1378 ft²
|
$499,000
2 Bed
2 Bath
1378 ft²
|
$505,000
+1.20%
03/16/2021
|
Lori Bassinger
Bay Colony Realty
| |
|
11/08/2018
|
2 Bed
|
2 Bath
|
1315 ft²
|
$398,000
2 Bed
2 Bath
1315 ft²
|
$398,000
04/26/2019
|
William Rochford
Sagan Harborside Sotheby's International Realty
| |
|
04/26/2018
|
2 Bed
|
2 Bath
|
1378 ft²
|
$429,900
2 Bed
2 Bath
1378 ft²
|
$420,000
-2.30%
07/16/2018
|
Nancy Winslow
Coldwell Banker Realty - Manchester
| |
|
04/10/2015
|
2 Bed
|
2 Bath
|
1639 ft²
|
$349,900
2 Bed
2 Bath
1639 ft²
|
$330,000
-5.69%
05/18/2015
|
Fred Newton
Sovereign Realty Advisors, LLC
| |
|
05/21/2014
|
2 Bed
|
2 Bath
|
1330 ft²
|
$309,000
2 Bed
2 Bath
1330 ft²
|
$300,000
-2.91%
10/01/2014
|
Hope Watt-Bucci
Coldwell Banker Realty - Manchester
| |
|
09/11/1998
|
2 Bed
|
2 Bath
|
1378 ft²
|
$179,900
2 Bed
2 Bath
1378 ft²
|
$175,000
-2.72%
01/26/1999
|
Mary Jane Sheedy
Coldwell Banker Realty - Gloucester
| |
|
01/04/1993
| |
Loft
|
2 Bath
|
-
|
$132,900
Loft
2 Bath
|
$131,900
-0.75%
05/06/1993
|
Robert Stallard
RE/MAX Advantage Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017