2 Cranberry Lane #2
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 |
|---|---|---|---|
| Jun 12, 2013 | Sold | ||
| Sold | |||
| Jul 10, 2012 | Listed by Coldwell Banker Realty | $429,900 | |
| Listed by Coldwell Banker Realty | |||
| Oct 7, 2008 | Sold | ||
| Sold | |||
| Jun 19, 2008 | Listed by J. Barrett & Company | $459,900 | |
| Listed by J. Barrett & Company | |||
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|
OPEN HOUSE EVERY SUNDAY 12-3. NEW CONSTRUCTION. End Model unit, loads of upgrades. Cedar Wood Estates located on a 30 acre setting in a prestigious gated community for 55+ offers 42 distinctly designed townhomes with dramatic open floor plan. This end unit features gracious LR with gas FP & skylights. Gourmet kitchen with granite, formal dining area 1st & 2nd flr MBR w/full baths.Spacious loft family room w/balcony. 1st flr w/HW flrs, walk-in closets, AC, vacuum & security. 2 car garage
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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 |
|---|---|---|---|---|---|---|---|
|
07/10/2012
|
2 Bed
|
3 Bath
|
2600 ft²
|
$429,900
2 Bed
3 Bath
2600 ft²
|
$415,000
-3.47%
06/12/2013
|
Catherine Ghandchi
Coldwell Banker Realty
| |
|
06/19/2008
|
2 Bed
|
3 Bath
|
2600 ft²
|
$459,900
2 Bed
3 Bath
2600 ft²
|
$425,000
-7.59%
10/07/2008
|
Donna Snyder
J. Barrett & Company
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017