24 Pershing Road #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%.
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 |
|---|---|---|---|
| Aug 15, 2024 | Sold | ||
| Sold | |||
| Jun 23, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $599,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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This condominium truly is a hidden gem and must be seen in person.It has been exquisitely updated and maintained through the years by the seller. As you enter the home you are greeted by a spacious and seamlessly connected kitchen, dining, and living area with 11 foot ceilings. Throughout the condo is a blend of sleek hardwood or stylish tiles adding to the overall sense of refinement. Adjacent to the kitchen, the dining and living area are full of natural light provided by french doors that lead to the perfect size wood deck. The finished 625 sq ft basement has a living room, bonus room, full bath, workshop, mudroom with walk out access to an amazing back yard. The stone patio is beautifully designed and is the perfect set up for a relaxing and/or entertaining. There is also a custom built shed that provides additional storage. This condo exemplifies contemporary urban living at its finest, where every detail is carefully considered to create a harmonious blend of style and comfort.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/20/2024
|
1 Bed
|
2 Bath
|
625 ft²
|
$599,000
1 Bed
2 Bath
625 ft²
|
$652,500
+8.93%
08/15/2024
|
Julie Hand
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
02/07/2003
|
1 Bed
|
1 Bath
|
700 ft²
|
$285,000
1 Bed
1 Bath
700 ft²
|
$280,000
-1.75%
05/02/2003
|
Gail Nannini
Louise Condon Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017