188 Cape Cod Circle #188
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%.
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 |
|---|---|---|---|
| Sep 20, 2018 | Sold | ||
| Sold | |||
| Jun 21, 2018 | Listed by RE/MAX Direct | $105,000 | |
| Listed by RE/MAX Direct | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/21/2018
|
1 Bed
|
1 Bath
|
1024 ft²
|
$105,000
1 Bed
1 Bath
1024 ft²
|
$100,000
-4.76%
09/20/2018
|
Linda M Vorrath
RE/MAX Direct
| |
|
01/02/2015
| |
1 Bed
|
1 Bath
|
1024 ft²
|
$59,900
1 Bed
1 Bath
1024 ft²
|
$58,000
-3.17%
02/19/2015
|
Debbie Roney Smith
American Gold Realty
|
Building Info
About Covered Bridge Condominiums
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017