2 Manor Drive #B
About This Property
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Cap Rate Calculator
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%.
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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 |
|---|---|---|---|
| Feb 16, 2021 | Sold | ||
| Sold | |||
| Dec 31, 2020 | Listed by RE/MAX Insight/Manchester | $369,900 | |
| Listed by RE/MAX Insight/Manchester | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/11/2024
|
3 Bed
|
3 Bath
|
2390 ft²
|
$490,739
3 Bed
3 Bath
2390 ft²
|
$525,000
+6.98%
07/01/2024
|
Kara Carrier
Kara & Co. Realty LLC
| |
|
06/28/2023
|
3 Bed
|
3 Bath
|
1940 ft²
|
$500,000
3 Bed
3 Bath
1940 ft²
|
$516,000
+3.20%
09/13/2023
|
Brad Bosse
Moe Marketing Realty Group
| |
|
03/31/2022
|
3 Bed
|
3 Bath
|
1940 ft²
|
$419,900
3 Bed
3 Bath
1940 ft²
|
$514,000
+22.41%
04/25/2022
|
David Orlick
Keller Williams Realty-Metropolitan
| |
|
12/31/2020
|
3 Bed
|
2 Bath
|
2048 ft²
|
$369,900
3 Bed
2 Bath
2048 ft²
|
$375,000
+1.38%
02/16/2021
|
Suzanne Damon
RE/MAX Insight/Manchester
| |
|
07/12/2017
|
3 Bed
|
3 Bath
|
1932 ft²
|
$340,000
3 Bed
3 Bath
1932 ft²
|
$345,000
+1.47%
09/18/2017
|
Mary Strathern
The Gove Group Real Estate, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017