196 Bishop Drive #196
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 |
|---|---|---|---|
| Aug 31, 2018 | Sold | ||
| Sold | |||
| Jun 20, 2018 | Listed by eXp Realty | $217,000 | |
| Listed by eXp Realty | |||
| | |||
|
Back on market due to buyer defaulted. Move In Condition, well managed townhouse priced right for a seamless sale. This spacious, 2 beds, 1 bath townhouse comes fully loaded. The kitchen has maple cabinets, range, refrigerator, and pantry room. The large living room has a picture window and wall AC unit. The dining room has a ceiling fan. Washer and dryer are in the finished basement. Built in wall AC unit is also installed in the large bedroom. Huge finished basement can be used as a bonus room. Enjoy BBQ cookouts in the well maintained back yard, or a swim in the in-ground pool now that summer is here! One assigned parking and one guest parking. Condo fees include HEAT, HOT WATER, water, sewer plus other amenities. Neighborhood is quiet. Minutes from Rt 9. Close to shopping, park, commuter rail, and highway access. Easy to show. Make this your home today!
| |||
| May 2, 2017 | Sold | ||
| Sold | |||
| Feb 16, 2017 | Listed by eXp Realty | $189,900 | |
| Listed by eXp Realty | |||
| | |||
|
This is a very well maintained two bedroom townhouse located in Bishop Terrace Condominiums. There are updated maple cabinets in the kitchen and all appliances are included. The living room is large and has a picture window and the dining area has a ceiling fan. The bathroom has been completely updated with tile flooring, walls and a glass tub door. In the master bedroom and dining area there are new built-in air conditioners and most of the unit has been recently painted. There are updated vinyl replacement windows and most of the rooms have had recent floating floors installed. The basement is finished and has a laundry with both washer and dryer included. There is an onsite in-ground swimming pool and the condominium fee includes the heat, hot water, water, sewer plus other amenities. This is a very well managed complex located close to shopping, highway, commuter rail and park.
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| Jun 17, 1999 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/20/2018
|
2 Bed
|
1 Bath
|
1156 ft²
|
$217,000
2 Bed
1 Bath
1156 ft²
|
$215,000
-0.92%
08/31/2018
|
Le Doan
eXp Realty
| |
|
02/16/2017
|
2 Bed
|
1 Bath
|
1156 ft²
|
$189,900
2 Bed
1 Bath
1156 ft²
|
$185,000
-2.58%
05/02/2017
|
John Pasciuti
RE/MAX One Call Realty
| |
|
05/04/1999
|
2 Bed
|
2 Bath
|
1156 ft²
|
$99,900
2 Bed
2 Bath
1156 ft²
|
$99,000
-0.90%
06/17/1999
|
Argentina Arias
Image Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017