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$229,000
● Condo - Off Market

159 Main #9A159

bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,020 Ft²
$580,766
RealtyHop Estimate
142.09%
Since Feb 1, 2003
National-US
Primary Model

About This Property

CORNER UNIT IN BACK BUILDING. READY FOR OCCUPANCY, WASHER/DRYER, REFRIG. INCLUDED,1 DEEDED PKG. SPOT, FEE INCLUDES WATER, SEWER, M/INS.,GROUNDS, POOL, CLUBHOUSE, ++. CONVENIENT TO ALL MAJOR ROUTES AND WALKING DISTANCE TO PLAZA
Unit Size
1,020 Ft²
Days on Market
-
Land Size
-
Price per sqft
$235
Property Type
Condo
Property Taxes
$168
HOA Dues
$213
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 4 years ago (MLSPIN #30668129)

Price History

Date / Event Date Event Price
Jan 1, 2003 Sold
Premium
Sold
Nov 14, 2002 Listed by William Raveis R.E. & Home Services $239,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Air Conditioning
Interior Details
Level: Second
Width: 8
Length: 8
Area: 64
Level: Second
Features: Bathroom - Full
Level: Second
Features: Flooring - Wall to Wall Carpet
Width: 12
Length: 12
Area: 144
Features: Flooring - Wall to Wall Carpet
Level: Second
Features: Bathroom - Full
Level: Second
Length: 20
Level: Second
Area: 360
Features: Flooring - Wall to Wall Carpet
Width: 18
Features: Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet
Level: Second
Length: 17
Width: 12
Area: 204
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Tile, Vinyl, Carpet
Laundry Features: Second Floor, Washer Hookup
Rooms: 5
Basement: N
Parking Details
Parking Features: Deeded
Exterior Details
Has Property Attached
Entry Level: 2
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: The Monterosa
Structure Type: Garden, Mid-Rise
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: Unknown
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: RES
Parcel Number: 770925
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $124,100
Tax Annual Amount: $2,012
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Central, Electric
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Pool, Elevator(s)
HOA Fee: $213
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Golf, Medical Facility
Complex is Completed
Management: Professional - Off Site

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30668129
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