24 Danforth Way #24
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 |
|---|---|---|---|
| Mar 8, 2021 | Sold | ||
| Sold | |||
| Jan 20, 2021 | Listed by Global Property Services | $359,900 | |
| Listed by Global Property Services | |||
| | |||
|
One of the nicest units in Forge Hill! Perfect location set back from the road w/private views of Franklin State Forest and extra parking in your own driveway. Bright and appealing neutral décor enhances the airy open floor plan w/cathedral ceiling, hardwood floors and so much natural light. The convenient mudroom off of the garage, 1st floor laundry and lovely screened porch set this unit apart from the others. 2nd floor loft family room opening to a deck makes a perfect home office. Many updates including all replacement sliders, new front and back porches and 2nd floor carpeting. 2-zone warm air gas heat and 2-zone central air. Come see all that this special unit has to offer!
| |||
| May 15, 2019 | Sold | ||
| Sold | |||
| Apr 10, 2019 | Listed by WestHill Properties | $319,900 | |
| Listed by WestHill Properties | |||
| Apr 4, 2011 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/20/2021
|
2 Bed
|
3 Bath
|
1845 ft²
|
$359,900
2 Bed
3 Bath
1845 ft²
|
$388,635
+7.98%
03/08/2021
|
Cindy Gleichauf
Coldwell Banker Realty - Franklin
| |
|
04/10/2019
|
2 Bed
|
3 Bath
|
1845 ft²
|
$319,900
2 Bed
3 Bath
1845 ft²
|
$340,000
+6.28%
05/15/2019
|
Cindy Gleichauf
Coldwell Banker Realty - Franklin
| |
|
04/18/2013
|
2 Bed
|
3 Bath
|
1845 ft²
|
$265,000
2 Bed
3 Bath
1845 ft²
|
$250,000
-5.66%
07/02/2013
|
Albert Tu
Thread Real Estate, LLC
| |
|
10/10/2010
|
2 Bed
|
2 Bath
|
1845 ft²
|
$257,500
2 Bed
2 Bath
1845 ft²
|
-
-
|
Lorraine Kuney
RE/MAX Executive Realty
| |
|
09/06/2001
|
2 Bed
|
3 Bath
|
1750 ft²
|
$249,900
2 Bed
3 Bath
1750 ft²
|
$249,400
-0.20%
09/28/2001
|
Kathy Tero
RE/MAX Executive Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017