268 Cape Cod Circle #B
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 |
|---|---|---|---|
| Aug 8, 2024 | Sold | ||
| Sold | |||
| Apr 9, 2024 | Listed by Guaranteed Home Sales | $159,900 | |
| Listed by Guaranteed Home Sales | |||
| | |||
|
1 story feels like a villa with front and rear patios + close parking just out front of the unit. New roof! All tiled throughout with a spacious layout and half bath for guests. Kitchen features updated cabinetry and plenty of counter space. Bedroom has an large window for natural light, supersized walk in closet and private bathroom. Living and dining room opens to the all Florida room/Lanai with storage closet. Covered Bridge is perfectly located in suburban Lake Worth surrounded by shopping, restaurants and anything needed is close by. HOA includes building insurance, large clubhouse, 2 heated pools, fitness, workshop, billiards room, sports areas, walking paths, card rooms, social activities, group trips and so much more. Easy showings anytime!
| |||
| May 12, 2017 | Sold | ||
| Sold | |||
| Apr 10, 2017 | Listed by United Realty Consultants | $55,000 | |
| Listed by United Realty Consultants | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/09/2024
|
1 Bed
|
1 Bath
|
860 ft²
|
$159,900
1 Bed
1 Bath
860 ft²
|
$155,000
-3.06%
08/08/2024
|
James Viscome
Your Home Sold Guaranteed Realty Services
| |
|
04/10/2017
|
1 Bed
|
1 Bath
|
780 ft²
|
$55,000
1 Bed
1 Bath
780 ft²
|
$57,900
+5.27%
05/12/2017
|
Todd Hamilton
United Realty Consultants
|
Building Info
About Covered Bridge Condominiums
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017