31
Map
282 Cape Cod Circle #A
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 27, 2026 | Sold | ||
| Sold | |||
| Mar 4, 2026 | In contract | - | |
| In contract | |||
| Feb 2, 2026 | Price Decreased |
$129,000
↓ $2K
(1.5%) | |
| Price Decreased | |||
| Jan 16, 2026 | Listed by Coldwell Banker Realty | $131,000 | |
| Listed by Coldwell Banker Realty | |||
| May 14, 2025 | Price Decreased |
$154,900
↓ $10K
(6.1%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/16/2026
|
2 Bed
|
2 Bath
|
941 ft²
|
$131,000
2 Bed
2 Bath
941 ft²
|
$123,000
-6.11%
03/27/2026
|
Lynn Arlene Barwald
Coldwell Banker Realty
| |
|
08/07/2023
|
2 Bed
|
2 Bath
|
941 ft²
|
$179,000
2 Bed
2 Bath
941 ft²
|
-
-
|
Brenda Jeanne White
Atlantic Florida Properties Inc
| |
|
12/16/2014
|
2 Bed
|
2 Bath
|
1053 ft²
|
$64,500
2 Bed
2 Bath
1053 ft²
|
$65,500
+1.55%
01/20/2015
|
Roland Amateis
Atlantic Florida Properties Inc
|
Building Info
About Covered Bridge Condominiums
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017