3 Spinnaker Circle #2
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 |
|---|---|---|---|
| Mar 27, 2015 | Sold | ||
| Sold | |||
| Oct 7, 2014 | Listed by Realty One Associates, LLC | $449,000 | |
| Listed by Realty One Associates, LLC | |||
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Fabulous, new unit at Pudding Hill, a 55+ community, offering all rooms on one level. A unique and open layout with plenty of sunshine and glass make this unit a must see. The kitchen has cherry cabinets, large walk-in pantry and an island opening into a large dining/family room area with a gas fireplace perfect for entertaining. Two bedrooms and a den situated at two different ends of the unit create great privacy for visiting guests. Bonus feature includes a huge walk up attic for storage or future expansion. Many energy star features have been incorporated into this design to keep your cooling and heating bills at a minimum throughout the year. Walking distance to shopping, restaurants and the library. Ready for occupancy immediately.
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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 |
|---|---|---|---|---|---|---|---|
|
10/07/2014
|
2 Bed
|
2 Bath
|
1700 ft²
|
$449,000
2 Bed
2 Bath
1700 ft²
|
$440,000
-2.00%
03/27/2015
|
Ronald Pomroy
Realty One Associates, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017