16623 Traders Crossing N #131
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.
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 |
|---|---|---|---|
| Apr 17, 2025 | Sold | ||
| Sold | |||
| Feb 25, 2025 | In contract | - | |
| In contract | |||
| Feb 11, 2025 | Price Decreased |
$590,000
↓ $25K
(4.1%) | |
| Price Decreased | |||
| Jan 8, 2025 | Price Increased |
$615,000
↑ $25K
(4.2%) | |
| Price Increased | |||
| Apr 3, 2024 | Listed by Compass Florida LLC | $590,000 | |
| Listed by Compass Florida LLC | |||
| |||
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This charming first-floor condo offers convenient living with no steps to navigate. Situated in the highly sought-after Traders Crossing community within Jonathan's Landing, it features two bedrooms and two full bathrooms. Upon entry, you'll be greeted by beautiful wood vinyl floors that add warmth and character to the space. The condo boasts an enclosed porch where you can relax and enjoy picturesque views of the lake. The kitchens recent upgrades include a new range & microwave. Important updates to note include the AC unit, which was replaced in 2018 & hot water three years ago. Partial impact windows ensure security and protection. Overall, this condo presents a wonderful opportunity for comfortable, low-maintenance living in a desirable location,
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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 |
|---|---|---|---|---|---|---|---|
|
04/03/2024
|
2 Bed
|
2 Bath
|
1478 ft²
|
$625,000
2 Bed
2 Bath
1478 ft²
|
$545,000
-12.80%
04/17/2025
|
Paul Thomas Stockall
Compass Florida LLC
| |
|
08/12/2022
|
2 Bed
|
2 Bath
|
1796 ft²
|
$770,000
2 Bed
2 Bath
1796 ft²
|
$757,000
-1.69%
11/22/2022
|
Paul Thomas Stockall
Compass Florida LLC
| |
|
07/07/2019
|
2 Bed
|
2 Bath
|
1478 ft²
|
$359,000
2 Bed
2 Bath
1478 ft²
|
$328,000
-8.64%
11/05/2019
|
Paul Thomas Stockall
Compass Florida LLC
| |
|
01/26/2019
|
2 Bed
|
2 Bath
|
1478 ft²
|
$350,000
2 Bed
2 Bath
1478 ft²
|
$330,000
-5.71%
04/12/2019
|
Kathie Gartlan
Illustrated Properties LLC (Co
| |
|
03/13/2017
|
3 Bed
|
2 Bath
|
1796 ft²
|
$395,000
3 Bed
2 Bath
1796 ft²
|
$370,000
-6.33%
05/15/2017
|
Susan Boulay Meyers
The Keyes Company (PBG)
|
Building Info
About Jonathan's Landing
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017