289 Reef Point Way #2
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.
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 |
|---|---|---|---|
| Dec 30, 2019 | No longer available | - | |
| No longer available | |||
| Oct 12, 2019 | Price Decreased |
$425,000
↓ $25K
(5.6%) | |
| Price Decreased | |||
| Sep 16, 2019 | Listed | $450,000 | |
| Listed | |||
| | |||
|
This home is priced at a range from $425,000-475,000---Please visit 289ReefPoint.com for more information and to schedule a showing call/text Kimberly at 714.905.6635--- Welcome home to the well sought-after Pelican Cove Community Townhomes. This floor-plan boasts 4 bedrooms and 3 whole bathrooms in a spacious, open floor plan with 9+ft ceilings and a bedroom/full bathroom downstairs that accommodates guests or relatives separately on the main level. The 2-Car attached garage provides direct access in to the spacious great room featuring the large kitchen, dining and family living area. The kitchen has an oversized island, newer countertops, backsplash and stainless steel appliances. The patio sprawls out through the large slider and has enough space for a BBQ, seating and lounge area. Upstairs you will be greeted with two guests rooms and the master suite, with greenbelt views and a massive master bath with duals sinks and a private toilet room. The community features a large playground and green quad for families to enjoy the ocean breeze and coastal weather. Don't miss out on this rare listing in Pelican Cove! The manager has listed the unit size as 1569 square feet.
| |||
| Sep 25, 2013 | Sold | ||
| Sold | |||
| Feb 6, 2013 | Listed by Richard Realty Group, Inc | $299,000 | |
| Listed by Richard Realty Group, Inc | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/14/2020
|
2 Bed
|
2 Bath
|
1005 ft²
|
$360,000
2 Bed
2 Bath
1005 ft²
|
$360,000
03/20/2020
|
Justin Tye
Active Realty Inc
| |
|
09/16/2019
|
4 Bed
|
3 Bath
|
1569 ft²
|
$450,000
4 Bed
3 Bath
1569 ft²
|
-
-
|
-
| |
|
02/06/2013
|
4 Bed
|
3 Bath
|
1569 ft²
|
$299,000
4 Bed
3 Bath
1569 ft²
|
$282,000
-5.69%
09/25/2013
|
James Baxter
Realty Place
| |
|
08/31/2012
|
2 Bed
|
2 Bath
|
1005 ft²
|
$189,900
2 Bed
2 Bath
1005 ft²
|
$195,000
+2.69%
09/28/2012
|
Polly Watts
Wedgewood Homes Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017