2 SE Turtle Creek Drive #E
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 |
|---|---|---|---|
| Feb 28, 2019 | Sold | ||
| Sold | |||
| Oct 30, 2018 | Listed by Hughes Realty Group Inc | $249,000 | |
| Listed by Hughes Realty Group Inc | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/30/2018
|
3 Bed
|
2 Bath
|
1900 ft²
|
$249,000
3 Bed
2 Bath
1900 ft²
|
$222,000
-10.84%
02/28/2019
|
Deborah Malone Marchant
Water Pointe Realty Group
| |
|
11/18/2016
|
3 Bed
|
2 Bath
|
1600 ft²
|
$235,000
3 Bed
2 Bath
1600 ft²
|
$225,000
-4.26%
08/11/2017
|
Katrien Jaffe
Nicklaus Vance
| |
|
12/20/2013
|
3 Bed
|
2 Bath
|
1600 ft²
|
$164,900
3 Bed
2 Bath
1600 ft²
|
$155,000
-6.00%
03/20/2014
|
Deborah Malone Marchant
Water Pointe Realty Group
| |
|
09/20/2012
|
3 Bed
|
2 Bath
|
1600 ft²
|
$120,000
3 Bed
2 Bath
1600 ft²
|
$105,000
-12.50%
10/24/2012
|
Deborah Malone Marchant
Water Pointe Realty Group
|
Building Info
About Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017