321 GRANTHAM B #321
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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 |
|---|---|---|---|
| Mar 24, 2016 | Sold | ||
| Sold | |||
| Feb 8, 2016 | Listed by Preferred Properties Int"l Rlt | $135,000 | |
| Listed by Preferred Properties Int"l Rlt | |||
| | |||
|
CORNER UNIT! RARE FIND WITH WATERVIEW FROM ALL SIDES OF UNIT. VERY BRIGHT AND CHEERFUL, TASTEFULLY FURNISHED 2 BEDROOM/2 BATH UNIT, REMODELED KITCHEN WITH SMOOTH CEILING, NEW CABINETS AND NEW COUNTERTOPS. TILE THRU-OUT! TANKLESS WATER HEATER. ENCLOSED PA TIO HAS A WONDERFUL VIEW OF THE WATER. STEPS TO CLUBHOUSE AND GRANTHAM POOL IS RIGHT OUT FRONT OF THE UNIT. DONT MISS THS ONE! ASSOCIATION CLAIMS 55+
| |||
| Apr 19, 2007 | Sold | ||
| Sold | |||
| Mar 2, 2007 | Listed by Keyes Company 6 | $135,000 | |
| Listed by Keyes Company 6 | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/08/2016
|
2 Bed
|
2 Bath
|
983 ft²
|
$135,000
2 Bed
2 Bath
983 ft²
|
$115,000
-14.81%
03/24/2016
|
Patricia O'Neil
Bailey Woodruff Real Estate
| |
|
03/02/2007
|
2 Bed
|
2 Bath
|
-
|
$135,000
2 Bed
2 Bath
|
$118,500
-12.22%
04/19/2007
|
Maria Fernandez
Century 21 Premier Elite Realty
|
Building Info
About Grantham Condominiums
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017