309 GRANTHAM A #309
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 |
|---|---|---|---|
| May 7, 2018 | Sold | ||
| Sold | |||
| Mar 5, 2018 | Listed by Bailey Woodruff Real Estate | $67,900 | |
| Listed by Bailey Woodruff Real Estate | |||
| | |||
|
DESIRABLE BUILDING, LOVELY WATER VIEW, NICELY FURNISHED.....ASSOCIATION CLAIMS 55+
| |||
| Apr 30, 2009 | Sold | ||
| Sold | |||
| Sep 20, 2008 | Listed by Preferred Properties Int"l Rlt | $49,900 | |
| Listed by Preferred Properties Int"l Rlt | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/05/2018
|
1 Bed
|
2 Bath
|
770 ft²
|
$67,900
1 Bed
2 Bath
770 ft²
|
$63,250
-6.85%
05/07/2018
|
Frank Murphy
Bailey Woodruff Real Estate
| |
|
09/20/2008
|
1 Bed
|
2 Bath
|
750 ft²
|
$49,900
1 Bed
2 Bath
750 ft²
|
$46,000
-7.82%
04/30/2009
|
Glenna Tscherner
Preferred Properties Int"l Rlt
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017