3R Philip Road #R
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 1, 2021 | Sold | ||
| Sold | |||
| Jul 2, 2021 | Listed by Realty One Group Next Level | $269,900 | |
| Listed by Realty One Group Next Level | |||
| Nov 14, 2016 | Sold | ||
| Sold | |||
| Sep 6, 2016 | Listed by Coco, Early & Associates | $189,500 | |
| Listed by Coco, Early & Associates | |||
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|
Completely updated Condex with No Condo Fees. Spacious kitchen with stainless appliances, breakfast bar door to deck, large living room with newly installed hardwood flooring perfect size for entertaining. to complete 1st floor with a 1/2 bath and pantry closet. 2nd floor has 2 oversize bedrooms and a full bath. Fenced in yard with above ground heated pool, swing set and plenty of space to sit and enjoy and entertain. Back yard also has a fenced in pet area. Call for an appointment you won't be disappointed.
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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 |
|---|---|---|---|---|---|---|---|
|
07/02/2021
|
2 Bed
|
2 Bath
|
1288 ft²
|
$269,900
2 Bed
2 Bath
1288 ft²
|
$275,000
+1.89%
09/01/2021
|
Ryan Kalantzis
Realty One Group Next Level
| |
|
09/06/2016
|
2 Bed
|
1 Bath
|
1288 ft²
|
$189,500
2 Bed
1 Bath
1288 ft²
|
$194,500
+2.64%
11/14/2016
|
Marion White
BHHS Verani Salem
| |
|
07/22/2005
|
Loft
|
2 Bath
|
1288 ft²
|
$199,900
Loft
2 Bath
1288 ft²
|
$200,000
+0.05%
09/28/2005
|
N Dana Moody
Coldwell Banker Residential Brokerage - Georgetown
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017