27 Ernest Avenue #24
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.
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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 10, 2023 | Sold | ||
| Sold | |||
| Jun 3, 2023 | In contract | - | |
| In contract | |||
| May 30, 2023 | Listed by Berkshire Hathaway HomeServices Verani Realty Methuen | $199,900 | |
| Listed by Berkshire Hathaway HomeServices Verani Realty Methuen | |||
| | |||
|
OFFERS DUE 6/2 AT NOON. Welcome to Exeter West Luxury Condo Association. This top floor, corner unit offers a 4'x10' balcony offering views of the beautiful trees. Inside has fresh carpeting, fresh paint, and a new hot water tank. Professionally cleaned and ready to go you will love having the monthly fee take care of the snow removal, lawn care, exterior maintenance, trash removal, and more! Assigned parking for two. Coin-op laundry in the basement and caged storage under lock and key. A quick closing is possible and could be a wonderful investment opportunity and/or owner occupied home. Very close to the beautiful and historic downtown, less than 30 minutes to Hampton, Rye, and many other beach options.
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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 |
|---|---|---|---|---|---|---|---|
|
08/01/2024
|
2 Bed
|
1 Bath
|
1044 ft²
|
$279,900
2 Bed
1 Bath
1044 ft²
|
$285,000
+1.82%
10/17/2024
|
Patricia Burke
BHHS Verani Windham
| |
|
05/30/2023
|
2 Bed
|
1 Bath
|
986 ft²
|
$199,900
2 Bed
1 Bath
986 ft²
|
$210,000
+5.05%
07/10/2023
|
Kathryn Early
Coco, Early & Associates
| |
|
10/13/2021
|
2 Bed
|
1 Bath
|
1044 ft²
|
$169,900
2 Bed
1 Bath
1044 ft²
|
$170,000
+0.06%
11/05/2021
|
Erin Hutchinson
EXP Realty
| |
|
09/28/2021
|
2 Bed
|
1 Bath
|
1044 ft²
|
$164,900
2 Bed
1 Bath
1044 ft²
|
$190,000
+15.22%
11/17/2021
|
Susan Padden
Sue Padden Real Estate LLC
| |
|
08/11/2021
|
2 Bed
|
1 Bath
|
986 ft²
|
$149,900
2 Bed
1 Bath
986 ft²
|
$155,000
+3.40%
09/30/2021
|
Rick Navarro
BHHS Verani Realty Andover
| |
|
06/03/2021
|
2 Bed
|
1 Bath
|
1200 ft²
|
$139,000
2 Bed
1 Bath
1200 ft²
|
$160,000
+15.11%
07/09/2021
|
Kurt Schneider
D.D. Cook Real Estate, Inc.
| |
|
10/22/2020
|
2 Bed
|
1 Bath
|
1180 ft²
|
$148,000
2 Bed
1 Bath
1180 ft²
|
$152,533
+3.06%
11/24/2020
|
Jaylan Archer
KW Coastal and Lakes & Mountains Realty
| |
|
09/16/2019
|
2 Bed
|
1 Bath
|
1020 ft²
|
$140,000
2 Bed
1 Bath
1020 ft²
|
$135,000
-3.57%
12/16/2019
|
Darlene Colwell-ellis
| |
|
06/17/2019
|
2 Bed
|
1 Bath
|
1044 ft²
|
$125,000
2 Bed
1 Bath
1044 ft²
|
-
-
|
-
| |
|
08/23/2018
|
2 Bed
|
1 Bath
|
1044 ft²
|
-
2 Bed
1 Bath
1044 ft²
|
-
-
|
-
| |
|
06/09/2017
|
2 Bed
|
1 Bath
|
986 ft²
|
$109,000
2 Bed
1 Bath
986 ft²
|
$98,000
-10.09%
08/31/2017
|
Tina Hagen
Berkshire Hathaway HomeServices Verani Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017