1701 Sand Dollar Circle #1701
About This Property
The manager has listed the unit size as 1354 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%.
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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 |
|---|---|---|---|
| Aug 16, 2022 | No longer available | - | |
| No longer available | |||
| Aug 11, 2022 | Listed | $345,000 | |
| Listed | |||
| Jul 4, 2020 | No longer available | - | |
| No longer available | |||
| Jul 1, 2020 | Listed | $225,000 | |
| Listed | |||
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Well-maintained 2-story condo sparsely used as a 2nd home! Enjoy the spacious open living/dining area and fireplace. Two large bedrooms and bathrooms upstairs, including master with en suite and private balcony. Condo living at its best, Sandpiper Cay is an established community in an X-flood zone with all the perks. Close to the beach, dining and shopping. Community amenities include clubhouse, huge swimming pool, playground and tennis courts. The manager has listed the unit size as 1354 square feet.
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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 |
|---|---|---|---|---|---|---|---|
|
08/11/2022
|
2 Bed
|
3 Bath
|
1354 ft²
|
$345,000
2 Bed
3 Bath
1354 ft²
|
-
-
|
Sandra LaRue
Corolla Beach Realty
| |
|
07/01/2020
|
2 Bed
|
3 Bath
|
1354 ft²
|
$225,000
2 Bed
3 Bath
1354 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017