2011 Tango Loop #2
About This Property
The manager has listed the unit size as 1662 square feet.
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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 |
|---|---|---|---|
| Jul 4, 2021 | No longer available | - | |
| No longer available | |||
| Jul 2, 2021 | Listed | $630,000 | |
| Listed | |||
| Jan 30, 2019 | Sold | ||
| Sold | |||
| Oct 16, 2018 | Listed | $488,900 | |
| Listed | |||
 | |||
|
Homesite #107 - Meridian Communities TRIO product- 2 bed plus loft in 2 story plan! Brand new construction home includes generous living space on first floor. Kitchen features island with dining bar, adjacent diining area, view to private back patio area. Gorgeous dramatic entry with stairs to lead to master suite, bedroom, open loft area and laundry room. 9 foot ceilings, radiant barriers for energy savings. Direct access two car garage. Neighborhoods: Millenia Complex Features: ,,, Equipment: Fire Sprinklers,Garage Door Opener Other Fees: 0 Sewer: Sewer Connected Topography: LL
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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 |
|---|---|---|---|---|---|---|---|
|
05/03/2022
|
3 Bed
|
3 Bath
|
1653 ft²
|
$700,000
3 Bed
3 Bath
1653 ft²
|
-
-
|
Shawna Baggett
Provident Real Estate
| |
|
07/02/2021
|
3 Bed
|
3 Bath
|
1662 ft²
|
$630,000
3 Bed
3 Bath
1662 ft²
|
-
-
|
Merrie Espina
Coldwell Banker West
| |
|
10/16/2018
|
3 Bed
|
2 Bath
|
1653 ft²
|
$488,900
3 Bed
2 Bath
1653 ft²
|
$497,222
+1.70%
01/30/2019
|
Lori Asaro
CityMark Realty
|
Building Info
About Otay Ranch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017