226 Wright St. #305
About This Property
The manager has listed the unit size as 1128 square feet.
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Cap Rate Calculator
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%.
How much can I actually make?
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 4, 2021 | Sold | ||
| Sold | |||
| Sep 10, 2021 | Listed | $285,000 | |
| Listed | |||
| | |||
|
Welcome to Telluride West. An incredible community just 10 minutes from the foothills. You are a short walk from restaurants and light rail. This community offers a clubhouse, swimming pools and tennis courts. The property has two reserved parking spaces. Walk into this incredible two story condo with new laminate floors, new lighting, fresh paint, covered patio and vaulted ceilings. The upstairs loft is a flex space that can be used as a bedroom, exercise room, or home office. The light and bright kitchen has refinished cabinets and newer appliances. The Master Bedroom is large enough to fit King size furniture and has a walk in closet. The large secondary bedroom is perfect for family members and guests. The Laundry room is right down the hall from both bedrooms across the hall from the full bathroom. Do not let this one slip through your fingers.
| |||
| Jul 15, 2019 | Sold | ||
| Sold | |||
| Jun 23, 2019 | No longer available | - | |
| No longer available | |||
| May 16, 2019 | Listed | $239,500 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/10/2021
|
2 Bed
|
1 Bath
|
1128 ft²
|
$285,000
2 Bed
1 Bath
1128 ft²
|
$290,000
+1.75%
10/04/2021
|
Bill Stubblefield
Keller Williams Advantage Realty LLC
| |
|
02/21/2021
|
2 Bed
|
1 Bath
|
1009 ft²
|
$256,000
2 Bed
1 Bath
1009 ft²
|
$260,000
+1.56%
02/26/2021
|
Jay Hicks
Brokers Guild Homes
| |
|
05/16/2019
|
2 Bed
|
1 Bath
|
1128 ft²
|
$239,500
2 Bed
1 Bath
1128 ft²
|
$239,500
07/15/2019
|
Chandler Lee
Keller Williams - Conifer
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017