263 Place Lane #263
About This Property
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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.
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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 30, 2021 | Sold | ||
| Sold | |||
| Apr 7, 2021 | Listed by Realty Executives | $459,000 | |
| Listed by Realty Executives | |||
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|
Place Lane Condominiums !! This 1550 sq. ft.,.2nd floor unit is very spacious and has plenty of extra closet space. The unit has many updates including: new Laminate floors 2015, new Gas furnace2016, updated bath fixtures 2016-2017, new Sliding door in living room, new Blinds 2015 and new Amana dryer 2015. Enjoy the balcony Spring, Summer and Fall. Complex has a clubroom with full kitchen and large room for entertaining/ piano/ TV, plus a floor to ceiling bookshelf for reading material. Inground pool and tennis/pickle ball courts. Extra storage also.
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| Jul 1, 2015 | Sold | ||
| Sold | |||
| May 11, 2015 | Listed by J. Mulkerin Realty | $314,900 | |
| Listed by J. Mulkerin Realty | |||
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Immaculate 2 bedroom, 2 bath condo at desirable Place Lane with 1550 sq. ft. of living area. Open concept with lots of light for this large unit with livingroom with sliders to balcony opens to diningarea. Kitchen has newer stainless steel appliances. Masterbedroom suite with full Jacuzzi bath and walk in closest. Laundry in unit. Additional storage in the building. Extremely well maintained complex with pool, tennis courts, exercise room, concierge and more. Great location for shopping, access to highway and restaurants.
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| May 15, 2000 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/07/2021
|
2 Bed
|
2 Bath
|
1550 ft²
|
$459,000
2 Bed
2 Bath
1550 ft²
|
$435,000
-5.23%
07/30/2021
|
Patricia Marsh
Realty Executives Marsh & Associates
| |
|
05/11/2015
|
2 Bed
|
2 Bath
|
1550 ft²
|
$314,900
2 Bed
2 Bath
1550 ft²
|
$306,000
-2.83%
07/01/2015
|
Joanne Mulkerin
J. Mulkerin Realty
| |
|
01/27/2000
|
2 Bed
|
2 Bath
|
1550 ft²
|
$229,900
2 Bed
2 Bath
1550 ft²
|
$229,900
05/15/2000
|
Kimberly Burke Cullen
Keller Williams Coastal Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017