1504 15th Lane #D
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 |
|---|---|---|---|
| Feb 25, 2014 | Sold | ||
| Sold | |||
| Nov 6, 2013 | Listed by Loyalty Realty & Property Man. | $127,900 | |
| Listed by Loyalty Realty & Property Man. | |||
| Nov 1, 2013 | Sold | ||
| Sold | |||
| Aug 26, 2013 | Listed by RE/MAX Masters | $104,900 | |
| Listed by RE/MAX Masters | |||
| | |||
|
A HomeSteps Property.Eligible under the Freddie Mac First Look Initiative Program through 9/10/13.Property being sold AS-IS.
Seller will pay owners title policy if buyer closes with seller's title agent.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/26/2013
|
3 Bed
|
3 Bath
|
1488 ft²
|
$104,900
3 Bed
3 Bath
1488 ft²
|
$115,000
+9.63%
02/25/2014
|
Nick Rose
RE/MAX Masters
|
Building Info
About Sherwood Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017