16 Crescent Hill #9
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 |
|---|---|---|---|
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Nov 18, 2024 | In contract | - | |
| In contract | |||
| Oct 31, 2024 | Listed by Brenda Cuoco & Associates Real Estate Brokerage | $549,000 | |
| Listed by Brenda Cuoco & Associates Real Estate Brokerage | |||
| Sep 27, 2013 | Sold | ||
| Sold | |||
| Jun 27, 2011 | Listed by Coldwell Banker Realty - Westfield | $180,000 | |
| Listed by Coldwell Banker Realty - Westfield | |||
| | |||
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Desirable location as an end unit at Wyndhurst Condominiums. Only 9 units in this complex. This 3000 sq.ft. condo offers 3 levels of living area with 2 car garage under the living areas. Family room with fireplace and french doors to deck. Living room, kitchen and dining area are on the 2nd. floor. Spectacular views of Springfield and the Connecticut River Valley with mountains in the distance. Condo needs work in the interior. Easy access to highway and downtown Springfield. Easy to show.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/31/2024
|
3 Bed
|
3 Bath
|
3000 ft²
|
$549,000
3 Bed
3 Bath
3000 ft²
|
$529,000
-3.64%
01/10/2025
|
Team Cuoco
Brenda Cuoco & Associates Real Estate Brokerage
| |
|
06/27/2011
|
2 Bed
|
3 Bath
|
3000 ft²
|
$180,000
2 Bed
3 Bath
3000 ft²
|
$180,000
09/27/2013
|
Barbara Flebotte
Flebotte Realty
| |
|
03/08/2001
|
1 Bed
|
3 Bath
|
3000 ft²
|
$279,000
1 Bed
3 Bath
3000 ft²
|
$252,500
-9.50%
05/30/2001
|
Ivan Karamian
Berkshire Hathaway HomeServices Realty Professionals
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017