1
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2 Meyer Terrace #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%.
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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 |
|---|---|---|---|
| Aug 17, 2004 | Sold | ||
| Sold | |||
| Apr 26, 2004 | Listed by Conway - Canton | $335,000 | |
| Listed by Conway - Canton | |||
| | |||
|
Overlooking a peaceful brook, this rare 3 bedroom townhouse is in move-in condition. Open and airy, hardwood floors, neutral decor. Fully finished basement offers huge family room with walkout to yard. Office could be 4th bedroom if needed. Walk up attic provides lots of storage. Square footage includes lower level. Motivated seller. Open House Sunday June 6 from 1-3 PM.
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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 |
|---|---|---|---|---|---|---|---|
|
04/26/2004
|
3 Bed
|
2 Bath
|
2287 ft²
|
$335,000
3 Bed
2 Bath
2287 ft²
|
$330,000
-1.49%
08/17/2004
|
Lorraine Mitchell
Exit Realty Plus
| |
|
02/10/1998
|
3 Bed
|
2 Bath
|
1500 ft²
|
$144,900
3 Bed
2 Bath
1500 ft²
|
$140,000
-3.38%
04/30/1998
|
Carolyn Christino
Keller Williams Realty
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017