162 Adams Lane #11C
About This Property
The manager has listed the unit size as 900 square feet.
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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 |
|---|---|---|---|
| Jul 7, 2023 | No longer available | - | |
| No longer available | |||
| Jun 23, 2023 | Listed | $240,000 | |
| Listed | |||
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A 2 bedroom move in ready condo located only minutes from Samaritans Purse, Watauga Medical Center, AppState, the Greenway trails, Deer Valley Racquet Club and many more of Boone's businesses and amenities. Bamboo floors throughout the lower level. A newly painted front porch, and a private back deck with pastoral views, newer carpeting upstairs. Both bedrooms have vaulted ceilings with skylights and large closets. $100 a month POA fees cover water, sewer, trash/recycling, exterior maintenance and landscaping along with parking lot maintenance/snow removal. The manager has listed the unit size as 886 square feet.
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| Oct 30, 2020 | No longer available | - | |
| No longer available | |||
| Oct 28, 2020 | Relisted | $155,000 | |
| Relisted | |||
| Aug 7, 2020 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/23/2023
|
2 Bed
|
1.5 Bath
|
886 ft²
|
$240,000
2 Bed
1.5 Bath
886 ft²
|
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-
|
Justin Hackler
Boone Realty
| |
|
08/02/2020
|
2 Bed
|
2 Bath
|
900 ft²
|
$155,000
2 Bed
2 Bath
900 ft²
|
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-
|
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|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017