283 Privilege Street #2
About This Property
The manager has listed the unit size as 1005 square feet.
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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 |
|---|---|---|---|
| Jan 22, 2021 | No longer available | - | |
| No longer available | |||
| Jan 4, 2021 | Listed | $129,900 | |
| Listed | |||
| | |||
|
Immaculate 2 bed one level condo! Offering an open floor plan, spacious bedrooms and good size closets. Updated stylish kitchen with white cabinets and butcher block counter top . New Laminated flooring in kitchen, living/dining area. Granite counter tops in bathroom and vanity area. French door leads to a nice closed patio to enjoy. Unit also offers a New hot water tank , 2 assigned parking spots & a bonus laundry access located right across the hall! Heated Driveway just installed! Easy highway access & close to mass line! The manager has listed the unit size as 1005 square feet.
| |||
| Dec 31, 2020 | No longer available | - | |
| No longer available | |||
| Nov 11, 2020 | Price Decreased |
$140,000
↓ $10K
(6.6%) | |
| Price Decreased | |||
| Nov 7, 2020 | Relisted | $149,900 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/10/2022
|
2 Bed
|
2 Bath
|
1005 ft²
|
$224,900
2 Bed
2 Bath
1005 ft²
|
-
-
|
Andrew Kushner
RE/MAX Professionals
| |
|
09/15/2020
|
2 Bed
|
1 Bath
|
1005 ft²
|
$159,900
2 Bed
1 Bath
1005 ft²
|
-
-
|
-
| |
|
11/03/2011
|
2 Bed
|
1 Bath
|
1005 ft²
|
$39,900
2 Bed
1 Bath
1005 ft²
|
$37,500
-6.02%
03/21/2012
|
Paul Gagnon
William Raveis Chapman Enstone
|
Building Info
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017