161 COLONADE CIRCLE #1202
About This Property
The manager has listed the unit size as 2345 square feet.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 29, 2024 | No longer available | - | |
| No longer available | |||
| Feb 24, 2024 | In contract | - | |
| In contract | |||
| Dec 12, 2023 | No longer available | - | |
| No longer available | |||
| Dec 8, 2023 | Price Decreased |
$1,210,000
↓ $80K
(6.2%) | |
| Price Decreased | |||
| Oct 31, 2023 | Price Decreased |
$1,290,000
↓ $55K
(4.1%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/30/2023
|
2 Bed
|
2.5 Bath
|
2345 ft²
|
$1,345,000
2 Bed
2.5 Bath
2345 ft²
|
-
-
|
Joseph Bartos
Premiere Plus Realty Co.
| |
|
09/30/2023
| |
2 Bed
|
2.5 Bath
|
1987 ft²
|
$1,345,000
2 Bed
2.5 Bath
1987 ft²
|
-
-
|
Joseph A Bartos, PA
Premiere Plus Realty Co.
|
|
03/17/2023
| |
3 Bed
|
2.5 Bath
|
1987 ft²
|
$1,675,000
3 Bed
2.5 Bath
1987 ft²
|
-
-
|
Jennifer L DeFrancesco
Coldwell Banker Realty
|
|
07/01/2022
| |
2 Bed
|
3 Bath
|
1987 ft²
|
$1,500,000
2 Bed
3 Bath
1987 ft²
|
$850,000
-43.33%
11/28/2022
|
Dede Kriegbaum
Premiere Plus Realty Co.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017