2 Crestview Drive #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 |
|---|---|---|---|
| Jan 31, 2025 | Sold | ||
| Sold | |||
| Jan 9, 2025 | In contract | - | |
| In contract | |||
| Jan 2, 2025 | Listed by Lamacchia Realty, Inc. | $570,000 | |
| Listed by Lamacchia Realty, Inc. | |||
| Jul 15, 2016 | Sold | ||
| Sold | |||
| May 12, 2015 | Listed by Equity Real Estate | $289,000 | |
| Listed by Equity Real Estate | |||
| | |||
|
PRICED WELL BELOW ASSESSMENT AND VALUE! This fantastic condo is located in central Westport offering great potential. With little effort (paint walls, resurface floors and minor repairs) this Condo is a great buy. Granite kitchen, large open living room, gas fireplace, master suite with walk-in closet, two car attached garage and LARGE full unfinished basement. Pick your colors! Don't miss out, great potential
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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 |
|---|---|---|---|---|---|---|---|
|
01/02/2025
|
2 Bed
|
2 Bath
|
1477 ft²
|
$570,000
2 Bed
2 Bath
1477 ft²
|
$560,000
-1.75%
01/31/2025
|
Debra Torres
Keller Williams Coastal
| |
|
05/12/2015
|
2 Bed
|
2 Bath
|
1382 ft²
|
$289,000
2 Bed
2 Bath
1382 ft²
|
$250,000
-13.49%
07/15/2016
|
Jennifer Preston
Frank Smith Real Estate, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017