1507 Theodore Drive #C
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.
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 14, 2025 | Sold | ||
| Sold | |||
| Feb 17, 2025 | In contract | - | |
| In contract | |||
| Feb 13, 2025 | Listed by KELLER WILLIAMS-TREC | $307,700 | |
| Listed by KELLER WILLIAMS-TREC | |||
| | |||
|
Welcome to your dream home! This beautifully updated 3-bedroom, 2-bath condo in the desirable Old Farm community features modern finishes throughout. Enjoy an open-concept living space, a stylish kitchen with stainless steel appliances, and spacious bedrooms filled with natural light. The updated bathrooms offer a touch of luxury, while the private patio provides a perfect spot for relaxation. Conveniently located near parks, shopping, and dining, this condo is a must-see! Don't miss out on the opportunity to make it yours! Updates in 2023 include: AC/heating (Lenox high efficiency), crawl space vapor barrier, sump pump and drains, all new flooring and paint throughout, kitchen backsplash, quartz countertops and sinks in kitchen and both bathrooms, high rise toilets, master bath shower door, all kitchen appliances, concrete front porch, concrete driveway, concrete front walkway, washer and dryer (Electrolux), garage door with remote.
| |||
| Nov 19, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 18, 2024 | Relisted | $307,700 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/18/2024
|
3 Bed
|
2 Bath
|
1725 ft²
|
$307,700
3 Bed
2 Bath
1725 ft²
|
-
-
|
Angie Kerr
KELLER WILLIAMS-TREC
| |
|
02/28/2023
|
2 Bed
|
2 Bath
|
1458 ft²
|
$220,000
2 Bed
2 Bath
1458 ft²
|
$225,000
+2.27%
04/19/2023
|
Deana Gauze
Coldwell Banker R.E. Group
| |
|
11/18/2022
|
3 Bed
|
2 Bath
|
1783 ft²
|
$234,900
3 Bed
2 Bath
1783 ft²
|
$219,500
-6.56%
12/29/2022
|
Amber Dalton
KELLER WILLIAMS-TREC
| |
|
01/11/2017
|
2 Bed
|
2 Bath
|
1458 ft²
|
$174,900
2 Bed
2 Bath
1458 ft²
|
$171,000
-2.23%
01/31/2017
|
Marsha Nichols
Coldwell Banker R.E. Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017