237 Diamond Way #101
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%.
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 |
|---|---|---|---|
| Apr 17, 2020 | Sold | ||
| Sold | |||
| Jan 27, 2020 | Listed by houserebate.com | $335,000 | |
| Listed by houserebate.com | |||
| | |||
|
Property was in escrow at $335,000. The VA appraisal came in at $313,000. The appraiser was way off based on the surrounding comps went off old comps in the complex. Seller took the deal only because they were under time pressure to close the 1031 exchange. Another appraiser appraised it at $335,000 There's interior laundry and a well-positioned linen closet just off of the full-sized laundry closet. Home comes with a detached one-car garage (101) and one assigned parking space (101). The Park's pet restrictions: no more than 2 pets - cannot exceed a TOTAL of 40 lbs. COMBINED.. Neighborhoods: Vista Complex Features: ,,,,, Equipment: Dryer,Garage Door Opener, Range/Oven, Washer Other Fees: 0 Sewer: Sewer Connected Topography: GSL
| |||
| Oct 4, 2013 | Sold | ||
| Sold | |||
| Mar 2, 2013 | Listed by Keller Williams Carmel Valley | $160,000 | |
| Listed by Keller Williams Carmel Valley | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/17/2021
|
2 Bed
|
2 Bath
|
878 ft²
|
$370,000
2 Bed
2 Bath
878 ft²
|
-
-
|
-
| |
|
01/27/2020
|
2 Bed
|
2 Bath
|
878 ft²
|
$335,000
2 Bed
2 Bath
878 ft²
|
$313,000
-6.57%
04/17/2020
|
Brian Yui
Wellsford Realty
| |
|
03/02/2018
|
2 Bed
|
2 Bath
|
878 ft²
|
$272,500
2 Bed
2 Bath
878 ft²
|
$280,000
+2.75%
04/03/2018
|
Cristine Clark
Realty Executives REALTORS
| |
|
06/04/2015
|
2 Bed
|
2 Bath
|
878 ft²
|
$252,900
2 Bed
2 Bath
878 ft²
|
$250,000
-1.15%
07/10/2015
|
Jamie Gilman
First Team Real Estate
| |
|
03/02/2013
|
2 Bed
|
2 Bath
|
878 ft²
|
$160,000
2 Bed
2 Bath
878 ft²
|
$179,560
+12.23%
10/04/2013
|
Paul Hervieux
Keller Williams Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017