3-3 Gorham #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%.
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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 |
|---|---|---|---|
| Jun 20, 2007 | Sold | ||
| Sold | |||
| Nov 10, 2006 | Listed by ERA Key Realty Services - Distinctive Group | $134,900 | |
| Listed by ERA Key Realty Services - Distinctive Group | |||
| Dec 2, 2005 | Sold | ||
| Sold | |||
| Jan 5, 2005 | Listed by Real Broker MA, LLC | $114,900 | |
| Listed by Real Broker MA, LLC | |||
| | |||
|
Condo conversion in progress. Engineering complete and ready to record with closing. Tenant occupied Show unit 5 which is slightly smaller, but same layout.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/03/2018
|
2 Bed
|
1 Bath
|
717 ft²
|
$99,900
2 Bed
1 Bath
717 ft²
|
$99,000
-0.90%
03/06/2019
|
Thomas Pultorak
Foster-Healey Real Estate
| |
|
08/19/2008
|
2 Bed
|
1 Bath
|
715 ft²
|
$49,900
2 Bed
1 Bath
715 ft²
|
$42,000
-15.83%
02/09/2009
|
Nancy Moran
Coldwell Banker Residential Brokerage - Milton - Adams St.
| |
|
11/10/2006
|
2 Bed
|
1 Bath
|
714 ft²
|
$134,900
2 Bed
1 Bath
714 ft²
|
$130,000
-3.63%
06/20/2007
|
Amy Katsis
ERA Key Realty Services - Distinctive Group
| |
|
10/14/2006
|
2 Bed
|
1 Bath
|
717 ft²
|
$129,900
2 Bed
1 Bath
717 ft²
|
$124,900
-3.85%
12/01/2006
|
Nancy Moran
Coldwell Banker Residential Brokerage - Milton - Adams St.
| |
|
01/05/2005
|
2 Bed
|
1 Bath
|
717 ft²
|
$114,900
2 Bed
1 Bath
717 ft²
|
$114,000
-0.78%
11/03/2005
|
Paula Savard
Aberman Associates, Inc.
| |
|
01/05/2005
|
2 Bed
|
1 Bath
|
717 ft²
|
$114,900
2 Bed
1 Bath
717 ft²
|
$113,900
-0.87%
08/09/2006
|
Paula Savard
Aberman Associates, Inc.
| |
|
01/05/2005
|
2 Bed
|
1 Bath
|
714 ft²
|
$114,900
2 Bed
1 Bath
714 ft²
|
$117,500
+2.26%
12/02/2005
|
Paula Savard
Aberman Associates, Inc.
| |
|
01/05/2005
|
2 Bed
|
1 Bath
|
696 ft²
|
$109,900
2 Bed
1 Bath
696 ft²
|
$108,500
-1.27%
08/29/2006
|
Paula Savard
Aberman Associates, Inc.
| |
|
01/05/2005
|
2 Bed
|
1 Bath
|
715 ft²
|
$114,900
2 Bed
1 Bath
715 ft²
|
$114,000
-0.78%
12/08/2005
|
Paula Savard
Aberman Associates, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017