255 Apache Way #255
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 |
|---|---|---|---|
| Jul 21, 2021 | Sold | ||
| Sold | |||
| May 20, 2021 | Listed by Coldwell Banker Realty - Chelmsford | $304,900 | |
| Listed by Coldwell Banker Realty - Chelmsford | |||
| | |||
|
Live with ease and comfort in this one-level, meticulously maintained garden style condo located in the desirable Indian Ridge community. Flexible floor plan includes spacious kitchen equipped with BRAND NEW stainless steel appliances and tile flooring, separate dining area, spacious living room, two generously sized bedrooms, full bath, and IN-UNIT laundry. Relax, unwind, and enjoy the quiet on the private balcony overlooking the pond. BRAND NEW HVAC system and hot water tank recently installed! Additional storage space included, one car GARAGE plus deeded parking, clubhouse, tennis court, and plenty of guest parking! Close proximity to all major routes, shopping and dining!
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| May 22, 2020 | Sold | ||
| Sold | |||
| Mar 23, 2020 | Listed by Monarch Realty Group, LLC | $279,900 | |
| Listed by Monarch Realty Group, LLC | |||
| | |||
|
Priced to sell! Much sought after Indian Ridge garden style condo. Spacious and meticulously maintained. Two bedroom located on third level with balcony overlooking pond view. One car garage and one deeded parking space. Bonus...extra storage area! Great opportunity to own and take advantage of historically low interest rates. It’s vacant and ready for a quick closing.
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| Jul 2, 2003 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/20/2021
|
2 Bed
|
1 Bath
|
1000 ft²
|
$304,900
2 Bed
1 Bath
1000 ft²
|
$320,000
+4.95%
07/21/2021
|
Molly Miller
Monarch Realty Group, LLC
| |
|
03/23/2020
|
2 Bed
|
1 Bath
|
1000 ft²
|
$279,900
2 Bed
1 Bath
1000 ft²
|
$280,000
+0.04%
05/22/2020
|
Victoria Kluse
Century 21 CELLI
| |
|
05/15/2003
|
2 Bed
|
1 Bath
|
1000 ft²
|
$219,900
2 Bed
1 Bath
1000 ft²
|
$219,900
07/02/2003
|
Donna Geihe
LAER Realty Partners
| |
|
06/22/2002
|
2 Bed
|
1 Bath
|
1000 ft²
|
$209,900
2 Bed
1 Bath
1000 ft²
|
$206,000
-1.86%
08/23/2002
|
Donna Geihe
LAER Realty Partners
| |
|
01/12/1998
|
2 Bed
|
1 Bath
|
1000 ft²
|
$95,000
2 Bed
1 Bath
1000 ft²
|
$95,000
02/05/1998
|
Joanne Sweeny
Dewolfe-Tewksbury
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017