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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 28, 2022 | Sold | ||
| Sold | |||
| Aug 3, 2022 | Listed by Sanford Florida Home Group | $139,900 | |
| Listed by Sanford Florida Home Group | |||
| Jul 13, 2018 | Sold | ||
| Sold | |||
| May 29, 2018 | Listed by Bailey Woodruff Real Estate | $57,000 | |
| Listed by Bailey Woodruff Real Estate | |||
| | |||
|
This is a unique unit. It is a one bedroom one bath unit with tile patio set up as a second bedroom with a queen size bed and wall to wall cabinet / storage space. Fantastic lake view from your patio. Queen size bed in bedroom, new wood laminate flooring from living room through bedroom. Unit has 3 new ceiling fans. Flat screen TV in bedroom. Come enjoy our resort style living at affordable prices. We have a theater that seats 1500, broad way shows, and so much more. We are 3 miles from the beach.
| |||
| May 20, 2016 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/03/2022
|
1 Bed
|
1 Bath
|
603 ft²
|
$139,900
1 Bed
1 Bath
603 ft²
|
$130,000
-7.08%
09/28/2022
|
Jennifer Sanford
Keller Williams Realty Boca Raton
| |
|
05/29/2018
|
1 Bed
|
1 Bath
|
603 ft²
|
$57,000
1 Bed
1 Bath
603 ft²
|
$57,000
07/13/2018
|
Frank Murphy
Bailey Woodruff Real Estate
| |
|
03/16/2016
|
1 Bed
|
1 Bath
|
695 ft²
|
$43,500
1 Bed
1 Bath
695 ft²
|
$40,000
-8.05%
05/20/2016
|
Anamaria Manzano
Century Village Real Estate
|
Building Info
About Durham Condominiums
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$8,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017