3 Meyer Ter #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, 2008 | Sold | ||
| Sold | |||
| Nov 25, 2007 | Listed by Conway - Canton | $325,000 | |
| Listed by Conway - Canton | |||
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Updated 3 bedroom townhouse in excellent condition with gleaming hardwood floors on 1st level, new windows throughout and a large finished basement with walkout sliders to a patio. Eat-in kitchen with newer appliances, formal dining room opening onto a large deck, spacious living room, lots of closets on every level and 1 and 1/2 baths. Walk-up attic provides lots of additional storage. Fridge, washer and dryer are included.
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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 |
|---|---|---|---|---|---|---|---|
|
11/25/2007
|
3 Bed
|
2 Bath
|
1276 ft²
|
$325,000
3 Bed
2 Bath
1276 ft²
|
$313,000
-3.69%
06/20/2008
|
David Duross
Conway - Canton
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017