253 E Street #2
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 |
|---|---|---|---|
| Nov 20, 2018 | Sold | ||
| Sold | |||
| Sep 20, 2018 | Listed by Flow Realty, Inc. | $649,000 | |
| Listed by Flow Realty, Inc. | |||
| | |||
|
The one you've been waiting for- step away from that expensive rental and into your own luxurious West side condominium! This unit features spacious bedrooms, both with dual closets, high ceilings, crown molding, in-ceiling speakers and gleaming cherry hardwood floors. An open plan concept with TWO fireplaces, in-unit washer and dryer and a comfortable back deck for entertaining. Kitchen features high end appliances, granite counter tops and convenient breakfast bar. Additional storage in basement. Location is top notch - steps to restaurants, nightlife, beach and public transportation; easy access to down town and I-93/I-90. Incredibly low cost of ownership with low HOA fee and available residential tax exemption- run the numbers and don't miss this opportunity! Offers will be reviewed 9/25 at 5PM.
| |||
| Feb 26, 2008 | Sold | ||
| Sold | |||
| Nov 14, 2007 | Listed by The Terrier Group | $389,000 | |
| Listed by The Terrier Group | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/20/2018
|
2 Bed
|
1 Bath
|
980 ft²
|
$649,000
2 Bed
1 Bath
980 ft²
|
$650,000
+0.15%
11/20/2018
|
Alex Genovese
Flow Realty, Inc.
| |
|
10/29/2012
|
2 Bed
|
1 Bath
|
903 ft²
|
$379,000
2 Bed
1 Bath
903 ft²
|
$387,000
+2.11%
12/19/2012
|
Lisa Merriman Barth
Barth Real Estate
| |
|
10/12/2011
|
2 Bed
|
1 Bath
|
980 ft²
|
$449,000
2 Bed
1 Bath
980 ft²
|
$435,000
-3.12%
01/27/2012
|
Michael Sylvia
Terrier Real Estate
| |
|
11/14/2007
|
2 Bed
|
1 Bath
|
980 ft²
|
$419,000
2 Bed
1 Bath
980 ft²
|
$435,000
+3.82%
01/17/2008
|
Michael Sylvia
Terrier Real Estate
| |
|
11/14/2007
|
2 Bed
|
1 Bath
|
903 ft²
|
$379,000
2 Bed
1 Bath
903 ft²
|
$360,000
-5.01%
02/26/2008
|
Michael Sylvia
Terrier Real Estate
| |
|
11/14/2007
|
2 Bed
|
1 Bath
|
980 ft²
|
$389,000
2 Bed
1 Bath
980 ft²
|
$370,000
-4.88%
02/26/2008
|
Michael Sylvia
Terrier Real Estate
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017