2 Ryefield Drive #4
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%.
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 |
|---|---|---|---|
| Aug 15, 2023 | Sold | ||
| Sold | |||
| Jul 25, 2023 | No longer available | - | |
| No longer available | |||
| Jul 13, 2023 | Listed | $164,900 | |
| Listed | |||
| | |||
|
Great opportunity to invest or owner occupy this 2 bedroom sunny condo unit minutes from the beach and turnpike. Unit needs to have the bathroom fixed and completed as well as other minor interior repairs. Bring your fresh ideas and create a wonderful space to call home. Lower fees, onsite parking, cats allowed this is a great opportunity to get your foot in the door with home ownership or start your investment portfolio. Schedule your showing today. OPEN HOUSE CANCELLED
| |||
| Aug 2, 2021 | Sold | ||
| Sold | |||
| Jun 25, 2021 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/26/2024
| |
1 Bed
|
1 Bath
|
735 ft²
|
$208,000
1 Bed
1 Bath
735 ft²
|
-
-
|
Deja Lett
KELLER WILLIAMS REALTY
|
|
08/06/2023
|
2 Bed
|
1 Bath
|
-
|
$227,000
2 Bed
1 Bath
|
-
-
|
Amanda Owens
Kre Brokerage Group
| |
|
07/13/2023
|
2 Bed
|
1 Bath
|
-
|
$164,900
2 Bed
1 Bath
|
-
-
|
Deja Lett
KELLER WILLIAMS REALTY
| |
|
07/10/2022
|
2 Bed
|
1 Bath
|
-
|
$189,000
2 Bed
1 Bath
|
-
-
|
Holly Lunt Stickney
Bean Group
| |
|
06/12/2021
|
2 Bed
|
1 Bath
|
-
|
$159,000
2 Bed
1 Bath
|
-
-
|
-
| |
|
04/02/2021
|
1 Bed
|
1 Bath
|
-
|
$125,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
11/04/2020
|
1 Bed
|
1 Bath
|
-
|
$124,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
03/22/2020
|
1 Bed
|
1 Bath
|
-
|
$110,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
06/09/2019
|
2 Bed
|
1 Bath
|
-
|
$129,000
2 Bed
1 Bath
|
-
-
|
-
| |
|
04/20/2019
|
1 Bed
|
1 Bath
|
-
|
$99,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
10/08/2018
| |
2 Bed
|
1 Bath
|
910 ft²
|
-
2 Bed
1 Bath
910 ft²
|
-
-
|
Christine Paul
Keller Williams - Greater Portland
|
|
09/07/2018
|
2 Bed
|
1 Bath
|
910 ft²
|
-
2 Bed
1 Bath
910 ft²
|
-
-
|
-
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017