2255 PHILIPPINE DRIVE #51
About This Property
The manager has listed the unit size as 1100 square feet.
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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.
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Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 7, 2025 | Sold | ||
| Sold | |||
| Dec 14, 2024 | In contract | - | |
| In contract | |||
| Dec 6, 2024 | Price Decreased |
$174,500
↓ $10K
(5.4%) | |
| Price Decreased | |||
| Aug 21, 2024 | Listed | $184,500 | |
| Listed | |||
| | |||
|
PRICE REDUCED! ***MOTIVATED SELLERS!***OWNER FINANCING AVAILABLE!
WASHER & DRYER IN THE UNIT and CUSTOM-MADE HURRICANE SHUTTERS ON ALL WINDOWS! 55+ GATED COMMUNITY! It’s FURNISHED, READY TO MOVE IN, on the desirable 3rd floor in a building with elevator! It has 2 bedrooms and 2 bathrooms, 1100 SqFt! wit a STUNNING luxury and resort-like lifestyle that meet in this unit! It features a spacious open floor plan of dining and living area and large bedrooms with an en suite bathroom in the Master bedroom! There is an additional Florida room off the kitchen for relaxing and entertaining! It's a TURN KEY, all furniture, decorations and furnishings stay! Come and enjoy the NEW LED fireplace in the living room topped with a NEW 75” Smart TV and beautiful NEW leather reclining furniture SET!
Come and golf every day on the 2 golf courses FREE to the residents, enjoy plenty of Amenities and clubs! This is 55+ On Top of the World gated community with two recreation centers, two heated pools, state of the art fitness center, tennis courts, lawn bowling courts, shuffleboard, hobby studio, dancing, variety of classes, billiards, pickleball, social events, Good Carma Café, library, new BBQ pavilion, and more! There is bus transportation for shopping, a dog park and lakes to enjoy fishing or kayaking! Close to shopping, restaurants, entertainment, beaches and airports! Come see it today!
Association approval is required. If financing, 35% down is required. The title is transferred through land lease warranty deed!
| |||
| May 3, 2022 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/21/2026
|
2 Bed
|
2 Bath
|
1400 ft²
|
$169,900
2 Bed
2 Bath
1400 ft²
|
$160,000
-5.83%
10/26/2026
|
Kenny Reiss
ON TOP OF THE WORLD RE
| |
|
03/02/2026
|
2 Bed
|
2 Bath
|
1400 ft²
|
$245,000
2 Bed
2 Bath
1400 ft²
|
$230,000
-6.12%
03/26/2026
|
Donna Nettestad
RE/MAX REALTEC GROUP INC
| |
|
08/01/2025
|
2 Bed
|
2 Bath
|
1100 ft²
|
$240,000
2 Bed
2 Bath
1100 ft²
|
$170,000
-29.17%
06/12/2026
|
Bradley Chouinard
COLDWELL BANKER SUN VISTA
| |
|
04/18/2025
|
2 Bed
|
2 Bath
|
1100 ft²
|
$184,900
2 Bed
2 Bath
1100 ft²
|
$175,000
-5.35%
05/22/2025
|
Jason Johantgen
COLDWELL BANKER RESIDENTIAL
| |
|
04/03/2025
|
2 Bed
|
2 Bath
|
1400 ft²
|
$244,900
2 Bed
2 Bath
1400 ft²
|
$205,000
-16.29%
07/28/2025
|
Lynne Leida-Goldsmith, PA
COLDWELL BANKER REALTY
| |
|
01/01/2025
|
2 Bed
|
2 Bath
|
1400 ft²
|
$189,000
2 Bed
2 Bath
1400 ft²
|
$125,000
-33.86%
08/07/2025
|
David Morris
Allstar Realty Inc
| |
|
08/21/2024
|
2 Bed
|
2 Bath
|
1100 ft²
|
$184,500
2 Bed
2 Bath
1100 ft²
|
$170,000
-7.86%
01/07/2025
|
Galia Baldridge
BONOMO REALTY LLC
| |
|
06/28/2024
|
2 Bed
|
2 Bath
|
1400 ft²
|
$225,000
2 Bed
2 Bath
1400 ft²
|
$210,000
-6.67%
07/31/2024
|
Stephen Katsaros
REDFIN CORPORATION
| |
|
04/02/2024
|
2 Bed
|
2 Bath
|
1400 ft²
|
$195,000
2 Bed
2 Bath
1400 ft²
|
$176,500
-9.49%
08/07/2024
|
Carrie Moreno
ON TOP OF THE WORLD RE
| |
|
10/23/2023
|
2 Bed
|
2 Bath
|
1100 ft²
|
$229,900
2 Bed
2 Bath
1100 ft²
|
$210,000
-8.66%
12/15/2023
|
Galia Baldridge
BONOMO REALTY LLC
| |
|
12/21/2022
|
2 Bed
|
2 Bath
|
1400 ft²
|
$188,900
2 Bed
2 Bath
1400 ft²
|
$176,500
-6.56%
05/17/2023
|
Johnny Mead
DALTON WADE INC
| |
|
03/30/2022
|
2 Bed
|
2 Bath
|
1100 ft²
|
$215,000
2 Bed
2 Bath
1100 ft²
|
-
-
|
Galia Baldridge
BONOMO REALTY LLC
| |
|
11/24/2021
|
2 Bed
|
2 Bath
|
1400 ft²
|
$199,000
2 Bed
2 Bath
1400 ft²
|
-
-
|
Carrie Moreno
ON TOP OF THE WORLD RE
| |
|
07/08/2021
|
2 Bed
|
2 Bath
|
1400 ft²
|
$169,900
2 Bed
2 Bath
1400 ft²
|
$169,900
08/30/2021
|
Marcy Daniels
COLDWELL BANKER RESIDENTIAL
| |
|
06/26/2021
|
2 Bed
|
2 Bath
|
1100 ft²
|
$119,900
2 Bed
2 Bath
1100 ft²
|
-
-
|
Joe Koebel
RE/MAX REALTEC GROUP INC
| |
|
05/14/2021
|
2 Bed
|
2 Bath
|
1400 ft²
|
$179,000
2 Bed
2 Bath
1400 ft²
|
$179,000
06/22/2021
|
Blake Smereczynsky
COLDWELL BANKER RESIDENTIAL
| |
|
04/09/2021
|
2 Bed
|
2 Bath
|
1400 ft²
|
$229,999
2 Bed
2 Bath
1400 ft²
|
$225,000
-2.17%
07/29/2021
|
Cynthia Kaszirer
SMITH & ASSOCIATES REAL ESTATE
| |
|
09/18/2020
|
2 Bed
|
2 Bath
|
1100 ft²
|
$95,000
2 Bed
2 Bath
1100 ft²
|
-
-
|
Ken Reiss
ON TOP OF THE WORLD RE
| |
|
08/20/2020
|
2 Bed
|
2 Bath
|
1100 ft²
|
$139,000
2 Bed
2 Bath
1100 ft²
|
-
-
|
Heather Dearborn
IMPERIO REAL ESTATE
| |
|
01/22/2020
|
2 Bed
|
2 Bath
|
1400 ft²
|
$124,900
2 Bed
2 Bath
1400 ft²
|
-
-
|
Alan Kay
FLORIDA SUN REAL ESTATE, INC
| |
|
12/16/2019
|
2 Bed
|
2 Bath
|
1400 ft²
|
$115,000
2 Bed
2 Bath
1400 ft²
|
-
-
|
Deborah Palmquist
ON TOP OF THE WORLD RE
| |
|
07/13/2017
| |
2 Bed
|
2 Bath
|
1400 ft²
|
-
2 Bed
2 Bath
1400 ft²
|
-
-
|
-
|
Building Info
- 2 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017