3316 W 111th Loop #B
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 |
|---|---|---|---|
| May 18, 2022 | Sold | ||
| Sold | |||
| Apr 27, 2022 | Listed by Brokers Guild Real Estate | $605,000 | |
| Listed by Brokers Guild Real Estate | |||
| | |||
|
You found it! This hidden gem is nestled in center of the highly sought after Heritage Greens at Legacy Ridge Community. This pristine home invites you in with its open floor plan and vaulted ceilings. The main floor master bedroom is a quiet sanctuary complete with a 5 piece bathroom and large walk in closet. A separate Den on the main floor could also be your office or bright reading room. You will find plenty of room in the fully finished basement to entertain, watch the game or enjoy your hobbies. With two more bedrooms and another bathroom downstairs, there's room for everyone to spread out. The spaciously sized laundry room with additional storage space leads out to the over sized two car garage. You'll enjoy your morning coffee or a quiet dinner on your private deck. A short walk to the club house with pool and tennis courts. Schedule your tee times now at Legacy Ridge Golf Course, or enjoy a peaceful walk on the neighborhood trails.
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| Jan 14, 2000 | Listed | $255,000 | |
| Listed | |||
| | |||
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