2 Mainsail Cir #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 |
|---|---|---|---|
| Jul 19, 2017 | Sold | ||
| Sold | |||
| May 2, 2017 | Listed by Kinlin Grover Compass | $385,000 | |
| Listed by Kinlin Grover Compass | |||
| | |||
|
Pristine Nantucket style condo in Southport. This unit has been stylishly updated with beautiful wood floors that shine throughout the main living area. The updated kitchen is light & bright with white cabinetry, back splash and granite counters which flow into the living area for counter seating, great for entertaining. The living room offers lots of light, faulted ceiling, builtins, gas fireplace and sliders out to a private deck. There is a large first floor master with walk in closet & large private bath. The second floor has another master suite and a multifunctional bonus room. The laundry is located on the main level for easy living. This unit is absolutely move in ready. Be in in time for the summer and start enjoying, golf, 2 pools & all that this wonderful 55 + community
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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 |
|---|---|---|---|---|---|---|---|
|
07/09/2017
| |
2 Bed
|
5 Bath
|
1685 ft²
|
$385,000
2 Bed
5 Bath
1685 ft²
|
$375,000
-2.60%
07/19/2017
|
AnnMarie M Burbic
|
|
05/02/2017
|
2 Bed
|
4 Bath
|
1685 ft²
|
$385,000
2 Bed
4 Bath
1685 ft²
|
$375,000
-2.60%
07/19/2017
|
Ann Marie Burbic
Kinlin Grover Compass
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017