3305 Genoa Way #90
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 |
|---|---|---|---|
| Jun 11, 2023 | No longer available | - | |
| No longer available | |||
| Jun 2, 2023 | In contract | - | |
| In contract | |||
| May 25, 2023 | Relisted | $565,000 | |
| Relisted | |||
| May 14, 2023 | In contract | - | |
| In contract | |||
| May 5, 2023 | Listed by Allison James Homes & Estates | $565,000 | |
| Listed by Allison James Homes & Estates | |||
| | |||
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Desirable first floor condo in ideal quiet location in the gated 55+ Villa Trieste community. Newer A/C unit and hot water tank is less than a year old. Large dual pane window and plantations shutters allow the westerly sunlight throughout the day. A welcoming spacious living room and combo dining area with an ambiance providing gas fireplace and double french doors open to a cozy outdoor patio. The kitchen has plenty of counter space and cabinets. A breakfast nook area is perfect for morning coffee and reading the morning news. The master bedroom suite has french doors to a second patio area. The master bathroom with walk-in closet has a separate shower and water closet with a pocket door for privacy. The second bedroom is currently being used as an exercise/music room. The secondary bathroom is over sized with a dual bath/shower. A large closet hides the in house washer and dryer. Included is a one car garage with additional storage space and an outdoor reserved parking space. Enjoy the gorgeous and meticulously maintained grounds with flowers, tropical plants and trees. A clubhouse provides room for gatherings, entertainment and parties. The heated pool and spa are available all year long. A gazebo, a bocce ball court, picnic and a park area are all part of the community. Shopping, restaurants, Westfield Mall, Cineplex, parks, sports and the ocean are all nearby amenities. The manager has listed the unit size as 1016 square feet.
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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 |
|---|---|---|---|---|---|---|---|
|
10/26/2024
|
2 Bed
|
2 Bath
|
1016 ft²
|
$615,555
2 Bed
2 Bath
1016 ft²
|
$615,555
12/03/2024
|
Melissa Huk
Keller Williams Realty
| |
|
05/05/2023
|
2 Bed
|
2 Bath
|
1016 ft²
|
$565,000
2 Bed
2 Bath
1016 ft²
|
-
-
|
Debbie Gaddis
Allison James Estates & Homes
| |
|
04/20/2021
|
2 Bed
|
2 Bath
|
1016 ft²
|
$469,900
2 Bed
2 Bath
1016 ft²
|
$490,000
+4.28%
06/29/2021
|
Skip De Greef
Century 21 United Brokers
| |
|
03/22/2021
|
2 Bed
|
2 Bath
|
1016 ft²
|
$445,000
2 Bed
2 Bath
1016 ft²
|
-
-
|
-
| |
|
09/03/2019
|
2 Bed
|
2 Bath
|
1016 ft²
|
$435,000
2 Bed
2 Bath
1016 ft²
|
$414,000
-4.83%
09/23/2019
|
Zoraya De La Bastida
Keller Williams Realty
| |
|
01/24/2019
|
2 Bed
|
2 Bath
|
1016 ft²
|
$415,900
2 Bed
2 Bath
1016 ft²
|
$400,000
-3.82%
06/13/2019
|
Yvette Reeve
Hanson Real Estate, Inc.
| |
|
06/05/2017
|
2 Bed
|
2 Bath
|
1016 ft²
|
$397,400
2 Bed
2 Bath
1016 ft²
|
$397,000
-0.10%
10/19/2017
|
Elissa Davey
Carnevale Enterprises
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017