16 Mitchell Dr #16
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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 20, 2018 | Sold | ||
| Sold | |||
| Oct 11, 2018 | Listed by ERA M Connie Laplante | $118,900 | |
| Listed by ERA M Connie Laplante | |||
| Jul 17, 2013 | Sold | ||
| Sold | |||
| Apr 8, 2013 | Listed by eXp Realty | $107,000 | |
| Listed by eXp Realty | |||
| | |||
|
Desireable END UNIT, 2 bedroom garden style unit at "The Crossing at Ridgewood Village" Fairview. This freshly painted, newer roof,one level condo has an eat in kitchen with appliances remaining, spacious living room & bedrooms, ample closet space, private patio and a garage with oodles of storage. Best of all you can bring your pet with you (some restrictions apply). Complex has pool,clubroom and tennis courts for your enjoyment .Great area for walking.Easy access to shopping and major routes.
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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 |
|---|---|---|---|---|---|---|---|
|
10/11/2018
|
2 Bed
|
1 Bath
|
800 ft²
|
$118,900
2 Bed
1 Bath
800 ft²
|
$117,000
-1.60%
11/20/2018
|
Joanne Laplante
ERA M Connie Laplante
| |
|
04/08/2013
|
2 Bed
|
1 Bath
|
790 ft²
|
$107,000
2 Bed
1 Bath
790 ft²
|
$103,000
-3.74%
07/17/2013
|
Aimee Kelly
eXp Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017