247 Apache Way #247
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 |
|---|---|---|---|
| Apr 28, 2023 | Sold | ||
| Sold | |||
| Apr 5, 2023 | In contract | - | |
| In contract | |||
| Mar 29, 2023 | Listed by Berkshire Hathaway HomeServices Verani Realty Methuen | $342,500 | |
| Listed by Berkshire Hathaway HomeServices Verani Realty Methuen | |||
| | |||
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OFFERS DUE 4/3 AT NOON. This walk out, garden style condo is looking for a new owner! Enter through the main lobby to your dining rm. Offering beautiful crown molding, chair rail & wainscoting. Dining area is open to the large kitchen w/bright and crisp white cabinetry and all appliances to stay. You will love your coffee station with extra cabinetry & opening to the living room. You can also access the unit through your patio slider into your living room. Neutral tones, plush carpeting and plenty of sunlight. Down the hall you will find your updated bathroom & in unit laundry set up. Primary bedroom offers two large closets. Second bedroom is spacious and has custom built in shelving that was freshly varnished. Private storage. Many updates: tile floors (2019), AC & Furnace (2019), Slider & some windows (2021), Washer & Dryer (2020), & dishwasher (2023). Condo fee includes water, sewer, landscaping, snow removal, tennis courts, exercise rm clubhouse, master insurance, & trash removal.
| |||
| Mar 3, 2020 | Sold | ||
| Sold | |||
| Jan 24, 2020 | Listed by Coco, Early & Associates | $279,900 | |
| Listed by Coco, Early & Associates | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/29/2023
|
2 Bed
|
1 Bath
|
1000 ft²
|
$342,500
2 Bed
1 Bath
1000 ft²
|
$380,000
+10.95%
04/28/2023
|
Shelly Laffey
ERA Key Realty Services
| |
|
01/24/2020
|
2 Bed
|
1 Bath
|
1000 ft²
|
$279,900
2 Bed
1 Bath
1000 ft²
|
$278,000
-0.68%
03/03/2020
|
Elaine Hoff
RE/MAX Encore
| |
|
11/10/2015
|
2 Bed
|
1 Bath
|
1000 ft²
|
$197,000
2 Bed
1 Bath
1000 ft²
|
$197,000
02/18/2016
|
Kimberly Delling
RE/MAX Encore
| |
|
02/06/1996
|
2 Bed
|
1 Bath
|
1130 ft²
|
$89,900
2 Bed
1 Bath
1130 ft²
|
$88,000
-2.11%
05/02/1996
|
William McLaughlin
Carlson GMAC Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017