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 | |||
| May 12, 2017 | Sold | ||
| Sold | |||
| Apr 10, 2017 | Listed by United Realty Consultants | $55,000 | |
| Listed by United Realty Consultants | |||
| | |||
|
Come see this single story condo unit within the Covered Bridge HOPA community. Spacious 1 bedroom, 1.5 bathroom with serene views of the green area and close to the community pool. The unit features updated tile flooring throughout. The kitchen has updated white cabinets and the large living room and porch provide plenty of room for entertaining. This community features many amenities such as 2 heated pools, shuffleboard and bocce courts, newly resurfaced tennis courts and the property is interlaced with biking and walking paths. The clubhouse has been newly redecorated and it has a fully equipped exercise room, free access Wi-Fi, a well stocked library and a billiard room. Malls, churches, synagogues, and hospitals are close by and the ocean is only 6 miles away!
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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