203 Vineyard Gate #203
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 |
|---|---|---|---|
| Sep 9, 2024 | Sold | ||
| Sold | |||
| Jul 10, 2024 | In contract | - | |
| In contract | |||
| Jun 27, 2024 | Listed by William Raveis R.E. & Home Services | $660,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Welcome to your little bit of heaven! This waterfront townhome has it all. With beautiful water views from every level (there are three) it is easy to see why Falmouth Port is so popular. This unit offers a renovated kitchen, open plan living, maintenance free deck, and newer sliders and windows. There is a defined dining area and a half bath as well. Upstairs there are two primary bedroom suites with loads of closets and storage space. One bedroom has another water view balcony where you can enjoy your coffee in the morning and breathe in the salt air. That room also has a new walk-in shower. The lower level is finished with a slider to a new waterfront deck and the laundry with loads of storage. The entire condominium is in move in condition. With walking trails, a heated salt water pool, a newly renovated club house, well maintained tennis courts, kayak racks, and two dinghy docks. life doesn't get any better!
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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 |
|---|---|---|---|---|---|---|---|
|
06/27/2024
|
2 Bed
|
3 Bath
|
1666 ft²
|
$660,000
2 Bed
3 Bath
1666 ft²
|
$650,000
-1.52%
09/09/2024
|
Christine O Leary
Salt Pond Realty, LLP
| |
|
04/05/2018
| |
2 Bed
|
2 Bath
|
1343 ft²
|
$419,000
2 Bed
2 Bath
1343 ft²
|
$414,000
-1.19%
05/04/2018
|
Patty Connolly
William Raveis R.E. & Home Services
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017