271 12th Street #7E
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%.
How much can I actually make?
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 |
|---|---|---|---|
| Feb 5, 2024 | Sold | ||
| Sold | |||
| Dec 15, 2023 | Listed by @properties Christie's International Real Estate | $160,000 | |
| Listed by @properties Christie's International Real Estate | |||
| |||
|
This charming 2-bedroom, 1-bath condo on the 3rd floor offers comfortable living with a monthly assessment of $271. The unit boasts newer carpet and paint, along with the convenience of an in-unit washer/dryer. The primary bedroom features two closets, while the second bedroom offers a walk-in closet. Enjoy a spacious dining room adjacent to the family room, complete with a sliding door that opens to a balcony; providing a perfect blend of indoor and outdoor living. Please note that the building is 90% investor-owned. Please do your due diligence.
| |||
| Sep 14, 2021 | Sold | ||
| Sold | |||
| Jul 28, 2021 | Listed by Keller Williams Premiere Properties | $129,000 | |
| Listed by Keller Williams Premiere Properties | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/15/2023
|
2 Bed
|
1 Bath
|
800 ft²
|
$160,000
2 Bed
1 Bath
800 ft²
|
$158,000
-1.25%
02/08/2024
|
John Montgomery
@properties Christie's International Real Estate
| |
|
07/28/2021
|
2 Bed
|
1 Bath
|
800 ft²
|
$129,000
2 Bed
1 Bath
800 ft²
|
$128,000
-0.78%
09/29/2021
|
Anthony Janega
Keller Williams Premiere Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017