19 Michaels Way #19
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 29, 2017 | Sold | ||
| Sold | |||
| Jul 27, 2017 | Listed by Coldwell Banker Realty - Longmeadow | $229,900 | |
| Listed by Coldwell Banker Realty - Longmeadow | |||
| | |||
|
Garden Style Condo with a beautiful spacious outdoor Treks Deck that provides a tranquil area for relaxation and entertainment. Conveniently located in Mill Pond Estates 55+ Community. Entire living space is on one level, spacious kitchen with island and a pasta faucet accompanies the gas stove, laundry room off the kitchen, dining room, master bedroom with full bath, additional bedroom, separate full bath with tub, and an oversized 1 car garage. All appliances are included and the option to retain most of the furnishings within in the unit is offered. Call to schedule your private showing today!
| |||
| Aug 31, 2004 | Sold | ||
| Sold | |||
| Jun 30, 2004 | Listed by H & H Realty | $215,900 | |
| Listed by H & H Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/27/2017
|
2 Bed
|
2 Bath
|
1313 ft²
|
$229,900
2 Bed
2 Bath
1313 ft²
|
$225,000
-2.13%
09/29/2017
|
Cichetti Teamwork Team
Cichetti Teamwork @ Sears Real Estate
| |
|
06/30/2004
|
2 Bed
|
2 Bath
|
1475 ft²
|
$215,900
2 Bed
2 Bath
1475 ft²
|
$217,200
+0.60%
08/31/2004
|
Patricia Hebert
Dewolfe-Westfield
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017