3 Baldwin Drive #3
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 |
|---|---|---|---|
| May 31, 2019 | Sold | ||
| Sold | |||
| Apr 22, 2019 | Listed by William Raveis R.E. & Home Services | $630,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| Oct 6, 1999 | Sold | ||
| Sold | |||
| Mar 12, 1999 | Listed | $429,000 | |
| Listed | |||
| | |||
|
STUNNING "LAUREL XL" END UNIT WITH MANY UPDATES. FIRST FLOOR MASTER SUITE, FAMILY ROOM WITH FIREPLACE, 1ST FLOOR LAUNDRY, MASTER BATH WITH JACUZZI, EXERCISE ROOM IN BASEMENT.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/22/2019
|
2 Bed
|
3 Bath
|
2893 ft²
|
$630,000
2 Bed
3 Bath
2893 ft²
|
$590,000
-6.35%
05/31/2019
|
Julie Lombard
William Raveis R.E. & Home Services
| |
|
03/12/1999
|
2 Bed
|
3 Bath
|
2800 ft²
|
$429,000
2 Bed
3 Bath
2800 ft²
|
$429,000
10/06/1999
|
Joanne Connolly
Coldwell Banker Realty - Needham
| |
|
06/25/1996
|
2 Bed
|
3 Bath
|
2750 ft²
|
$354,900
2 Bed
3 Bath
2750 ft²
|
$354,900
01/10/1997
|
Francine Winn
Cortland Properties Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017