2 Cranberry Grove Way #A
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 18, 2020 | Sold | ||
| Sold | |||
| Jul 23, 2020 | Listed by Jack Conway Cape Cod - Sandwich | $269,900 | |
| Listed by Jack Conway Cape Cod - Sandwich | |||
| Apr 27, 2016 | Sold | ||
| Sold | |||
| Feb 26, 2016 | Listed by Jack Conway Cape Cod - Sandwich | $190,000 | |
| Listed by Jack Conway Cape Cod - Sandwich | |||
| | |||
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Amazing price for this end unit at Cranberry Grove, a 55+ adult community. This unit will not last at this price, get in now before this unit is sold. This one level unit has a large open living room, kitchen and dining area that is full of large windows and natural sunlight. Both bedrooms have large windows on two walls and large closets for extra storage. Each bedroom has a bathroom, one bathroom has a tub and one is a nice walk in shower. Sewer bill twice a year $298, water bill twice a year $128.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/11/2023
|
2 Bed
|
2 Bath
|
1350 ft²
|
$360,000
2 Bed
2 Bath
1350 ft²
|
$344,000
-4.44%
07/14/2023
|
Virginia Lewis
DiVito Realty
| |
|
07/23/2020
|
2 Bed
|
2 Bath
|
1338 ft²
|
$269,900
2 Bed
2 Bath
1338 ft²
|
$281,000
+4.11%
09/18/2020
|
Judith Chauvin
Jack Conway Cape Cod - Sandwich
| |
|
01/07/2020
|
2 Bed
|
2 Bath
|
1350 ft²
|
$239,900
2 Bed
2 Bath
1350 ft²
|
$240,000
+0.04%
03/06/2020
|
Tanya Blake
Jack Conway - Conway On The Bay
| |
|
02/26/2016
|
2 Bed
|
2 Bath
|
1380 ft²
|
$190,000
2 Bed
2 Bath
1380 ft²
|
$190,000
04/27/2016
|
Judith Chauvin
Jack Conway Cape Cod - Sandwich
| |
|
11/30/2011
|
2 Bed
|
2 Bath
|
1380 ft²
|
$198,900
2 Bed
2 Bath
1380 ft²
|
$180,000
-9.50%
07/31/2012
|
Jane Madden
Coldwell Banker Realty - Marion
| |
|
06/25/2009
|
2 Bed
|
2 Bath
|
1380 ft²
|
$219,000
2 Bed
2 Bath
1380 ft²
|
$205,500
-6.16%
12/02/2009
|
Geraldine Cassidy
Suburban Lifestyle Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017