3 Folgers Way #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 |
|---|---|---|---|
| Aug 11, 2023 | Sold | ||
| Sold | |||
| Jul 17, 2023 | In contract | - | |
| In contract | |||
| Jul 12, 2023 | Listed by New Seabury Sotheby's International Realty | $875,000 | |
| Listed by New Seabury Sotheby's International Realty | |||
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This is what you have been waiting for! A charming and bright 'A' model Maushop Condo with remodeled kitchen, refinished floors, updated baths, and 3 'Splits' to keep you cool on those warm summer days... is waiting just for you to call your own! Two patio areas to sit and enjoy a morning coffee or visit with neighbors. This unit is centrally located to both beach access points, as well as very convenient to the path leading to the Popponesset Marketplace and Poppy Inn, just a short distance away! Don't miss out on this inviting home!
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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 |
|---|---|---|---|---|---|---|---|
|
07/12/2023
|
2 Bed
|
2 Bath
|
993 ft²
|
$875,000
2 Bed
2 Bath
993 ft²
|
$930,000
+6.29%
08/11/2023
|
Mathilde Eliason
New Seabury Sotheby's International Realty
| |
|
07/12/2023
| |
2 Bed
|
2 Bath
|
993 ft²
|
$875,000
2 Bed
2 Bath
993 ft²
|
$930,000
+6.29%
08/11/2023
|
Marian Oost-Lievense
New Seabury Real Estate
|
|
08/13/2018
|
2 Bed
|
2 Bath
|
993 ft²
|
-
2 Bed
2 Bath
993 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017