2311 Galen Drive South #9
About This Property
The manager has listed the unit size as 1056 square feet.
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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 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 7, 2020 | Listed | $99,900 | |
| Listed | |||
| | |||
|
Located near Morrissey Park, Bus lines, and restaurants. Close to Noel Park and strip mall featuring Sunsinger restaurant. Lots of updates, some of which are: Newer oak kitchen cabinets and new refrigerator in April 2019, new furnace in 2007, Washer and dryer bought in 2018. Unit has 1/2 bath and washer/dryer downstairs. Full bath with tub/shower combo and large closets in bedrooms. There is a closet downstairs off the living room under the stairs, as well. Nice private patio off of kitchen on the way to the garage. Garage has storage and garage door opener. Condo Fee is $95/month and includes exterior building maintenance and improvemnts, trash and recycling hauling, lawn care, snow removal, insect and pest treatment and exterior insurance. The manager has listed the unit size as 1056 square feet.
| |||
| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
| Mar 8, 2020 | Relisted | $99,900 | |
| Relisted | |||
| Mar 7, 2020 | 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 |
|---|---|---|---|---|---|---|---|
|
05/12/2026
|
2 Bed
|
1 Bath
|
1046 ft²
|
$164,900
2 Bed
1 Bath
1046 ft²
|
$164,900
07/01/2026
|
Barbara Gallivan
KELLER WILLIAMS-TREC
| |
|
06/06/2024
|
2 Bed
|
2 Bath
|
1056 ft²
|
$161,000
2 Bed
2 Bath
1056 ft²
|
$160,000
-0.62%
07/09/2024
|
Sherry Qiang
KELLER WILLIAMS-TREC
| |
|
02/09/2024
|
2 Bed
|
2 Bath
|
1072 ft²
|
$159,900
2 Bed
2 Bath
1072 ft²
|
$162,000
+1.31%
02/29/2024
|
Creg McDonald
The McDonald Group
| |
|
07/25/2023
|
2 Bed
|
2 Bath
|
1125 ft²
|
$158,900
2 Bed
2 Bath
1125 ft²
|
$158,900
09/26/2023
|
Carol Meinhart
RE/MAX Choice
| |
|
08/23/2021
|
2 Bed
|
2 Bath
|
1060 ft²
|
$109,900
2 Bed
2 Bath
1060 ft²
|
-
-
|
Katie Ruthstrom
Keller Williams - Champaign
| |
|
07/23/2021
|
2 Bed
|
2 Bath
|
1006 ft²
|
$123,500
2 Bed
2 Bath
1006 ft²
|
$122,500
-0.81%
10/01/2021
|
Max McComb
RE/MAX REALTY ASSOCIATES-CHA
| |
|
07/18/2021
|
2 Bed
|
2 Bath
|
1080 ft²
|
$118,990
2 Bed
2 Bath
1080 ft²
|
$120,000
+0.85%
09/03/2021
|
Melanie Broderick
Consumers Choice Realty, Inc.
| |
|
06/07/2020
|
2 Bed
|
2 Bath
|
1056 ft²
|
$99,900
2 Bed
2 Bath
1056 ft²
|
-
-
|
-
| |
|
04/28/2020
|
2 Bed
|
2 Bath
|
1080 ft²
|
$98,000
2 Bed
2 Bath
1080 ft²
|
-
-
|
-
| |
|
10/01/2019
|
2 Bed
|
2 Bath
|
1056 ft²
|
$99,900
2 Bed
2 Bath
1056 ft²
|
-
-
|
-
| |
|
07/15/2019
|
2 Bed
|
2 Bath
|
1050 ft²
|
$110,000
2 Bed
2 Bath
1050 ft²
|
-
-
|
-
| |
|
04/16/2018
|
2 Bed
|
2 Bath
|
1006 ft²
|
$93,250
2 Bed
2 Bath
1006 ft²
|
-
-
|
-
| |
|
02/15/2017
|
2 Bed
|
2 Bath
|
1056 ft²
|
$97,000
2 Bed
2 Bath
1056 ft²
|
$91,000
-6.19%
04/28/2017
|
Ryan Dallas
RYAN DALLAS REAL ESTATE
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017