1
Map
338 Trailside Way #338
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 |
|---|---|---|---|
| Aug 17, 2005 | Sold | ||
| Sold | |||
| May 16, 2005 | Listed by Conway - Medfield | $285,000 | |
| Listed by Conway - Medfield | |||
| | |||
|
Just move into this updated unit*All neutral*2 year old "Berber" carpet throughout*Ceramic tile, dishwasher and countertops in oak kitchen 2 years old*BOTH bathrooms have been gutted and tastefully done with new tiles, tubs, fixtures and toilets*All appliances are staying*Light, bright and airy with lots of windows and cathedral ceilings*Workbench and extra storage in 2-car tandem garage*ALL utilities approximately $126 per month*Breakfast bar*Slider from dining room to deck with wooded views*
| |||
| May 23, 2002 | Sold | ||
| Sold | |||
| Mar 24, 2002 | Listed by RE/MAX Landmark, REALTORS® | $219,900 | |
| Listed by RE/MAX Landmark, REALTORS® | |||
| | |||
|
EXCELLENT LOCATION CATHEDRAL CEILINGS THROUGHOUT, SLIDER TO DECK, GALLEY KITCHEN WITH BREAKFAST BAR. CLOSE PROXIMITY TO ROUTE 126 AND SHAWS PLAZA.
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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 |
|---|---|---|---|---|---|---|---|
|
05/16/2005
|
2 Bed
|
2 Bath
|
1224 ft²
|
$285,000
2 Bed
2 Bath
1224 ft²
|
$300,000
+5.26%
08/17/2005
|
Gloria Yankee
Conway - Medfield
| |
|
03/24/2002
|
2 Bed
|
2 Bath
|
1224 ft²
|
$219,900
2 Bed
2 Bath
1224 ft²
|
$210,000
-4.50%
05/23/2002
|
Joan Hathaway
RE/MAX Landmark, REALTORS®
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017