3 Sunset Hill Road #B
About This Property
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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 |
|---|---|---|---|
| Dec 20, 2019 | Sold | ||
| Sold | |||
| Nov 21, 2019 | Listed by Keller Williams Realty Evolution | $299,900 | |
| Listed by Keller Williams Realty Evolution | |||
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ATTENTION CONTRACTORS! This 2-unit split entry ranch features a 6-room 2-bedroom 1-bath unit on the main living level and an additional 4-room 1-bedroom 1-bath unit on the lower level. Live in one unit and rent out the other OR combine them into one spacious 3-bedroom 2-bath home! Built in 1967 with many of the original features, roll up your sleeves and make this "diamond in the rough" sparkle again! Features include pellet stoves in both living rooms, a one-car garage, a 18' x 15' wood deck on the back, hardwood floors on the main living level, a sunroom and a patio, an above ground pool and wood storage shed and a large fenced-in yard. This 2-family home is a condominium with no condo fee or common areas. Unit A and Unit B have separate insurance policies and no common expenses. Property is sold in "as is" condition. SHOWINGS BEGIN AT THE OPEN HOUSE THIS SUNDAY 11/24 FROM 12-2PM. ALL OFFERS ARE DUE ON TUESDAY 11/26 AT 5PM. PLEASE ALLOW 24 HOURS FOR SELLER RESPONSE.
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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 |
|---|---|---|---|---|---|---|---|
|
11/21/2019
|
Loft
|
2 Bath
|
1961 ft²
|
$299,900
Loft
2 Bath
1961 ft²
|
$350,000
+16.71%
12/20/2019
|
Mark Vadala
Vadala Real Estate
| |
|
09/28/2017
|
3 Bed
|
2 Bath
|
1150 ft²
|
$319,900
3 Bed
2 Bath
1150 ft²
|
$305,500
-4.50%
01/05/2018
|
Kimberly Lorden
Churchill Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017