281 Windsor Place #8
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 |
|---|---|---|---|
| May 2, 2024 | Sold | ||
| Sold | |||
| Mar 5, 2024 | In contract | - | |
| In contract | |||
| Dec 29, 2023 | Listed by Compass | $1,235,000 | |
| Listed by Compass | |||
| |||
|
Located on a quiet tree-lined Windsor Terrace block right near Prospect Park, welcome to this lovely 2-bedroom, 1.5-bathroom condo with a private balcony that offers a peaceful retreat in the heart of this vibrant neighborhood.
Step inside to a bright and inviting living space with ample natural light due to the double-height ceilings of this duplex home. The open layout seamlessly connects the living room, dining area, and kitchen, creating an ideal setting for both relaxing and entertaining. The well-appointed open kitchen features modern appliances, sleek countertops, and plenty of cabinet space for all your culinary essentials.
The duplex layout offers a nice separation of space, with one bedroom downstairs and the other up. Both are a comfortable size and the primary bedroom boasts a private en-suite half bathroom and two remote control solar powered skylights. A full bathroom downstairs has been tastefully renovated.
The private outdoor terrace off the living room provides a serene outdoor oasis, perfect for enjoying al fresco dining or simply unwinding after a long day.
Other features include a huge storage attic, plenty of closet space, an in-unit washer/dryer, bike storage, the flexibility of condo living, and extremely low carrying charges.
Located in a well maintained, 3 story, 10 unit boutique building (part of a 23 unit condominium that is made up of 3 buildings) in the heart of Windsor Terrace, this home is surrounded by an array of dining, shopping, and entertainment options, ensuring that there's always something new to explore. Only a half block to glorious Prospect Park, practically across the street from PS 154, and only 2.5 blocks from the F and G trains for an easy commute. Don't miss the chance to experience this inviting space and the allure of Windsor Terrace living!
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| Feb 19, 2016 | Sold | ||
| Sold | |||
| Nov 10, 2015 | Listed by Douglas Elliman Real Estate | $779,000 | |
| Listed by Douglas Elliman Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/29/2023
|
2 Bed
|
2 Bath
|
869 ft²
|
$1,175,000
2 Bed
2 Bath
869 ft²
|
$1,235,000
+5.11%
05/04/2024
|
Alyssa Morris
Compass
| |
|
11/10/2015
|
2 Bed
|
2 Bath
|
-
|
$779,000
2 Bed
2 Bath
|
$835,000
+7.19%
02/22/2016
|
Martha Ellman
Elliman
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017