32 Michael Way #32
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 |
|---|---|---|---|
| Jul 30, 2007 | Sold | ||
| Sold | |||
| Jan 2, 2007 | Listed by Stone Wall Real Estate | $519,000 | |
| Listed by Stone Wall Real Estate | |||
| | |||
|
Want to live the life of leisure?? This 3300+ Square Foot Cape Cod Style Townhouse offers all the charm of a single family home wrapped up in a condominium carefree lifestyle. From the vaulted ceiling living room to the spacious first floor master bedroom this townhouse has so much living space and privacy to offer...plus your own private deck/backyard area and interior access to the garage. Very few townhouses have what 32 Michaeil Way has to offer!!!!
| |||
| Jun 29, 2005 | Sold | ||
| Sold | |||
| Apr 8, 2005 | Listed | $599,900 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/24/2024
|
3 Bed
|
3 Bath
|
2895 ft²
|
$725,000
3 Bed
3 Bath
2895 ft²
|
$741,000
+2.21%
09/30/2024
|
Laura Hughes
Campion & Company Fine Homes Real Estate
| |
|
01/02/2007
|
3 Bed
|
3 Bath
|
3331 ft²
|
$519,000
3 Bed
3 Bath
3331 ft²
|
$521,000
+0.39%
07/30/2007
|
William Buck
Stone Wall Real Estate
| |
|
04/08/2005
|
4 Bed
|
3 Bath
|
3331 ft²
|
$599,900
4 Bed
3 Bath
3331 ft²
|
$585,000
-2.48%
06/29/2005
|
Johanna Webster
Coldwell Banker Realty - Andover
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017