2 Nettle Lane #2
About This Property
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 8, 2023 | Sold | ||
| Sold | |||
| Oct 6, 2023 | Listed by Houlihan Lawrence | $376,000 | |
| Listed by Houlihan Lawrence | |||
| Dec 1, 2021 | No longer available | - | |
| No longer available | |||
| Nov 25, 2021 | In contract | - | |
| In contract | |||
| Sep 10, 2021 | Listed by William Pitt Sotheby's Int'l | $285,000 | |
| Listed by William Pitt Sotheby's Int'l | |||
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Sought after Fox Hill pet unit. Pride of ownership abounds in this immaculate & updated 2 BR ranch style condo. Light, bright, and open floor plan offering one level living and private location w/large fenced in patio accessible from both the living room and bedroom. Total 1,074 sf with two bedrooms; 1 full and 1 half updated baths; spacious living room with fireplace and moldings; dining room with bead board wainscot; updated kitchen with granite counters; freshly painted interior, neutral carpeting in bedrooms; and laundry in unit. Heat, hot water, water, trash, pool, club, and all exterior maintenance are included in the HOA. This is one of the few pet units in the entire complex. Convenient nearby dedicated parking space, plus ample close visitor parking. Ideal location near Clubhouse w/pool, tennis, playground & just a short walk to Copps Hill Plaza for shopping, restaurants, rec center gym and programs, plus Founder's Hall. The manager has listed the unit size as 1074 square feet.
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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 |
|---|---|---|---|---|---|---|---|
|
10/06/2023
|
2 Bed
|
2 Bath
|
1074 ft²
|
$376,000
2 Bed
2 Bath
1074 ft²
|
$376,000
12/08/2023
|
Heather Salaga
Houlihan Lawrence
| |
|
09/10/2021
|
2 Bed
|
2 Bath
|
1074 ft²
|
$285,000
2 Bed
2 Bath
1074 ft²
|
-
-
|
Laura J Freed Ancona
William Pitt Sotheby's Int'l
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017