3316 W 111th Loop #A
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 |
|---|---|---|---|
| Feb 16, 2024 | Sold | ||
| Sold | |||
| Dec 28, 2023 | Listed by eXp Realty, LLC | $600,000 | |
| Listed by eXp Realty, LLC | |||
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Nestled in Heritage Greens at Legacy Ridge, this gem beckons with an open floor plan, vaulted ceilings, and a main floor master sanctuary boasting a 5-piece bath and walk-in closet. A fully finished basement with two bedrooms and a bath, and a spacious laundry room leading to the oversized garage offer ample space. Enjoy private deck moments, clubhouse amenities, and proximity to Legacy Ridge Golf Course and neighborhood trails. An ideal blend of comfort and community awaits in this inviting home.
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| Nov 13, 2023 | Sold | ||
| Sold | |||
| Oct 28, 2023 | Listed | $475,000 | |
| Listed | |||
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Investor opportunity in Legacy Ridge Townhome community. Good news: New stucco repair and new exterior paint on all units in October 2023. Great bones and great exterior! Bad news: Interior condition is dire and is need of a great deal of work/repair (not just cleaning). This a Trust property and is being sold in "As Is" condition. This is not a move in ready or quick move in property. There will be no interior photos posted per request of the Seller. The home is priced to appeal to investors/buyers who can close quickly and are willing to take on a project.
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| Jan 14, 2000 | Listed | $257,000 | |
| Listed | |||
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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 |
|---|---|---|---|---|---|---|---|
|
10/28/2023
|
3 Bed
|
1 Bath
|
2246 ft²
|
$475,000
3 Bed
1 Bath
2246 ft²
|
$475,000
11/13/2023
|
Lisa Gabriel
eXp Realty, LLC
| |
|
04/27/2022
|
3 Bed
|
3 Bath
|
2246 ft²
|
$605,000
3 Bed
3 Bath
2246 ft²
|
$625,000
+3.31%
05/18/2022
|
Jeffrey Pater
Brokers Guild Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017