309 Meadows Circle #309
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.
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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 2, 2015 | Sold | ||
| Sold | |||
| Oct 2, 2015 | Listed by Charles Rutenberg Realty LLC | $87,900 | |
| Listed by Charles Rutenberg Realty LLC | |||
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|
2/2 renovated each with own bath and balcony. 2nd FL great boynton comm. pools tennis parks, ponds, gym, clubhouse and its GATED. Tenant pays $900/mnt $3500 one time capital contribution to condo per association. UP to 23 Condo Units rented like this ava ilable for sale as a bulk deal from same owner many in Meadows and around 5-10min away in choice communities.
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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 |
|---|---|---|---|---|---|---|---|
|
10/02/2015
|
2 Bed
|
2 Bath
|
900 ft²
|
$87,900
2 Bed
2 Bath
900 ft²
|
$83,500
-5.01%
12/02/2015
|
Jacob Dinov
Charles Rutenberg Realty LLC
|
Building Info
About Meadows
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017