307 Gazebo Circle #307
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 |
|---|---|---|---|
| Jul 17, 2015 | Sold | ||
| Sold | |||
| Apr 22, 2015 | Listed by LAER Realty Partners | $334,900 | |
| Listed by LAER Realty Partners | |||
| | |||
|
Townhouse style condo at the well maintained and desirable "Summit Village". Wonderful open floor plan. Fireplaced living room opens to the dining room and kitchen. Many improvements -new hot water heater, air conditioning unit, SS refrigerator, kitchen flooring, hardwood flooring in living room and dining room. First floor hardwood stairs. Master bedroom with bath, walk in closet, and balcony. Washer and dryer are included in the sale. Conveniently located to transportation, shopping, restaurants, Reading and Wakefield commuter rail lines.
| |||
| Apr 30, 2010 | Sold | ||
| Sold | |||
| Mar 4, 2010 | Listed by Thurston R.E. | $329,900 | |
| Listed by Thurston R.E. | |||
| Jun 26, 2003 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/22/2015
|
2 Bed
|
3 Bath
|
1168 ft²
|
$334,900
2 Bed
3 Bath
1168 ft²
|
$334,900
07/17/2015
|
Mary Jane Nadeau
Premier Realty Group, Inc.
| |
|
03/04/2010
|
2 Bed
|
3 Bath
|
1168 ft²
|
$329,900
2 Bed
3 Bath
1168 ft²
|
$315,000
-4.52%
04/30/2010
|
Mary Jane Nadeau
Premier Realty Group, Inc.
| |
|
04/09/2003
|
2 Bed
|
2 Bath
|
1200 ft²
|
$324,900
2 Bed
2 Bath
1200 ft²
|
$324,900
06/26/2003
|
Janice Sullivan
RE/MAX Heritage, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017