18 Cobblestone Lane #18
About This Property
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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 |
|---|---|---|---|
| Sep 30, 2014 | Sold | ||
| Sold | |||
| May 6, 2014 | Listed by Susan A. Flynn & Associates | $155,000 | |
| Listed by Susan A. Flynn & Associates | |||
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|
Beautifully maintained Townhome with updated kitchen and baths. Stainless appliances - corian counters - stone back splash - tile floors and birch cabinets. Formal dining room with sunken living room. Oak stairs leading to generous sized bedrooms covered with recent carpeting and walk-in closets. Central air and patio. Complex features an inground pool and tennis court.
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| Apr 8, 2005 | Sold | ||
| Sold | |||
| Mar 3, 2005 | Listed | $219,900 | |
| Listed | |||
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|
Open and airy describe this sought - After townhouse at Quabbin Estates. Eat-in kitchen with pantry, fully applianced. Dining room step down to Living room laminated wood floors, sliders to patio, 2 large 2nd floor bedrooms with walk-in closets, new berber carpeting, pull down attic, updated!
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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 |
|---|---|---|---|---|---|---|---|
|
05/06/2014
|
2 Bed
|
2 Bath
|
1463 ft²
|
$155,000
2 Bed
2 Bath
1463 ft²
|
$145,000
-6.45%
09/30/2014
|
Susan Bellino
Coldwell Banker Residential Brokerage - Shrewsbury
| |
|
03/03/2005
|
2 Bed
|
1 Bath
|
1463 ft²
|
$219,900
2 Bed
1 Bath
1463 ft²
|
$215,000
-2.23%
04/08/2005
|
Katherine Oftring
RE/MAX Vision
| |
|
03/22/1994
|
2 Bed
|
2 Bath
|
1500 ft²
|
$82,500
2 Bed
2 Bath
1500 ft²
|
$80,000
-3.03%
05/04/1995
|
Sandra Gabrielian
Trust Better Homes
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017