21 Bishop Drive #21
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 |
|---|---|---|---|
| Oct 26, 2017 | Sold | ||
| Sold | |||
| Aug 6, 2017 | Listed by KW Pinnacle MetroWest | $175,000 | |
| Listed by KW Pinnacle MetroWest | |||
| | |||
|
Great opportunity for investors or first time buyers willing to put in sweat equity. Superb layout, bright rooms! 3 level townhouse is offered "as-is", needs cosmetics with lots of potential! Sunny living room opens to a large dining room. Large walk-in pantry, updated washer/dryer/fridge. Upstairs is complete with 2 bedrooms and full bath. Finished lower level offers additional play/family room. Common area in the back is fenced for additional outdoor space. Great placement within the complex too. Property is tenant occupied, currently leased through 12/31/2017. Stable tenant of 8 years, pays $1,500/month and would love to stay if possible. Unit will not qualify for FHA financing. Group Showings on Sat & Sun 11-12:30 only, set through ShowingTimes.
| |||
| Oct 27, 2000 | Sold | ||
| Sold | |||
| Sep 9, 2000 | Listed | $131,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/06/2017
|
2 Bed
|
1 Bath
|
920 ft²
|
$175,000
2 Bed
1 Bath
920 ft²
|
$168,000
-4.00%
10/26/2017
|
Alla Vigdorchik
Keller Williams Realty
| |
|
09/09/2000
|
2 Bed
|
1 Bath
|
1100 ft²
|
$131,000
2 Bed
1 Bath
1100 ft²
|
$128,500
-1.91%
10/27/2000
|
Carole Daniels
Advisors Living - Sudbury
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017