16 CHELSEA CIR #A20
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.
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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 |
|---|---|---|---|
| Aug 25, 2023 | Sold | ||
| Sold | |||
| Jul 11, 2023 | In contract | - | |
| In contract | |||
| Jun 30, 2023 | Listed by HomeSmart First Advantage Realty | $145,000 | |
| Listed by HomeSmart First Advantage Realty | |||
| | |||
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MULTIPLE OFFERS RECEIVED. Sellers are requesting highest and best offers by Sunday 7/9/2023 at 5pm.
This 2 bedroom condo is a dream come true! With brand new carpets and fresh paint, it's completely move-in ready. The living room is spacious and open, with a window that connects to the kitchen and breakfast bar, creating an open-concept feel. The kitchen is equipped with newer flooring, a brand new stove, and tons of storage space. The joint utility and laundry room is large and allows ample space for a side-by-side washer and dryer. This unit is one of the few in this development that has a spacious laundry room. The bathroom has a new vanity and tile flooring. The 2 bedrooms are spacious and offer plenty of closet space.
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| Jun 12, 2023 | Sold | ||
| Sold | |||
| Apr 26, 2023 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/19/2023
|
1 Bed
|
1 Bath
|
828 ft²
|
$90,000
1 Bed
1 Bath
828 ft²
|
$90,000
06/12/2023
|
Nicole Snyderman
Keller Williams Realty - Cherry Hill
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017