190 Cape Cod Cir #190
About This Property
The manager has listed the unit size as 902 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 |
|---|---|---|---|
| May 28, 2024 | Sold | ||
| Sold | |||
| May 2, 2024 | In contract | - | |
| In contract | |||
| Apr 17, 2024 | Price Decreased |
$210,000
↓ $5K
(2.3%) | |
| Price Decreased | |||
| Jan 15, 2024 | Listed | $215,000 | |
| Listed | |||
| | |||
|
This is a beautifully renovated 1 bedroom 1.5 bathroom condo located in Covered Bridge, a charming 55+ community. Spacious living/dining room, freshly painted walls, 6 inch baseboards and updated flooring throughout, granite countertops, updated kitchen, stainless steel appliances, laundry area, walk-in closet, walk-in shower, and enclosed patio. There is assigned parking in front of unit and guest parking nearby. Maintenance includes a community pool, tennis, walking path, exercise room, billiards, pickleball, and so much more.
| |||
| Jan 1, 2024 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/23/2020
|
1 Bed
|
2 Bath
|
902 ft²
|
$142,000
1 Bed
2 Bath
902 ft²
|
-
-
|
Michael Bergman
RE/MAX Advantage Plus
| |
|
04/01/2019
| |
1 Bed
|
1 Bath
|
902 ft²
|
$79,000
1 Bed
1 Bath
902 ft²
|
$73,000
-7.59%
07/11/2019
|
Iris Hoffman
RE/MAX Select Group
|
Building Info
About Covered Bridge Condominiums
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017