1982 Us Highway 1 #102
About This Property
The manager has listed the unit size as 1900 square feet.
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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, 2021 | Sold | ||
| Sold | |||
| Dec 6, 2020 | No longer available | - | |
| No longer available | |||
| Dec 5, 2020 | Listed | $405,000 | |
| Listed | |||
| | |||
|
Fantastic office building (1/2 duplex) directly on U.S. Hwy 1! GREAT LOCATION & VISIBILITY! NEWER ROOF! Not your typical office building. You'll find high ceilings, numerous windows for a light and bright interior. Spacious reception area with granite counter tops and ample room for visitors and staff. 3 enclosed, private offices, kitchen, 2 bathrooms, and a large open space to use for whatever your needs are. Brand new roof. Building is in front of busy complex and is very close/fronts U.S. 1 for EXCELLENT visibility. Signage permitted on building front as well as space on complex sign. GREAT OFFICE CONDO!
| |||
| Sep 8, 2020 | Price Decreased |
$425,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Mar 5, 2020 | Listed | $435,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/05/2020
|
Loft
|
-
|
-
|
$405,000
Loft
-
|
$369,000
-8.89%
09/30/2021
|
Grace Vista
Dale Sorensen Real Estate, Inc
| |
|
03/05/2020
|
Loft
|
-
|
1900 ft²
|
$435,000
Loft
-
1900 ft²
|
-
-
|
-
|
Building Info
About Knollwood Gardens
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017