2 Strauss 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.
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 |
|---|---|---|---|
| Sep 21, 2022 | Sold | ||
| Sold | |||
| Jul 23, 2022 | Listed by Louise Condon Realty | $900,000 | |
| Listed by Louise Condon Realty | |||
| | |||
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Detached condo located in highly sought-after Montage Development surrounded by conservation land including miles of walking/biking trails, tucked away on a semi-private side street is a MUST SEE. This well-appointed luxury condo has all that a single-family home offers, without the maintenance. Gourmet kitchen with white cabinets, granite countertops and tile backsplash, upgraded stainless steel appliances that opens to a large family room with a gas fireplace with an adjoining dining room. Enjoy an extended stone patio with privacy and room for al fresco dining/entertaining. Upstairs boasts a large primary suite with custom walk-in closet, primary bath with double vanity and walk-in shower w/glass door. Upstairs offers 2 additional bedrooms with custom closets, 2nd Full Bathroom, laundry, and loft suitable for a sitting area or study. Lower level includes roughed-in plumbing for an additional bathroom.Seller may accept Offers at any time
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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 |
|---|---|---|---|---|---|---|---|
|
07/23/2022
|
3 Bed
|
3 Bath
|
2323 ft²
|
$900,000
3 Bed
3 Bath
2323 ft²
|
$900,000
09/21/2022
|
Lauren Dore
Louise Condon Realty
| |
|
09/20/2016
| |
3 Bed
|
3 Bath
|
2330 ft²
|
$644,900
3 Bed
3 Bath
2330 ft²
|
$668,975
+3.73%
06/30/2017
|
Roberta Swenson
Rutledge Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017