2 Cranberry Grove Way #B
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 |
|---|---|---|---|
| Jul 14, 2023 | Sold | ||
| Sold | |||
| Apr 29, 2023 | In contract | - | |
| In contract | |||
| Apr 11, 2023 | Listed by DiVito Realty | $360,000 | |
| Listed by DiVito Realty | |||
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