3430 SE Martinique Trace #201
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 |
|---|---|---|---|
| Jun 13, 2023 | Sold | ||
| Sold | |||
| Feb 27, 2023 | Listed by Coldwell Banker Realty | $269,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/27/2023
| |
2 Bed
|
2 Bath
|
1506 ft²
|
$295,000
2 Bed
2 Bath
1506 ft²
|
-
-
|
Spence Spencer
Engel & Volkers Stuart
|
|
06/27/2023
|
2 Bed
|
2 Bath
|
1506 ft²
|
$295,000
2 Bed
2 Bath
1506 ft²
|
$258,000
-12.54%
08/08/2023
|
Floyd Spencer, III
Engel & Volkers Stuart
| |
|
02/27/2023
|
2 Bed
|
2 Bath
|
1506 ft²
|
$269,000
2 Bed
2 Bath
1506 ft²
|
$260,000
-3.35%
06/13/2023
|
Ann Arner
Coldwell Banker Residential Real Estate
| |
|
04/08/2017
|
2 Bed
|
2 Bath
|
1506 ft²
|
$219,500
2 Bed
2 Bath
1506 ft²
|
$215,000
-2.05%
11/02/2017
|
Katy Simard
Keller Williams Realty of PSL
| |
|
03/01/2012
|
2 Bed
|
2 Bath
|
1506 ft²
|
$124,900
2 Bed
2 Bath
1506 ft²
|
$119,500
-4.32%
05/09/2012
|
Jeff Clark
Coldwell Banker Real Estate
|
Building Info
About Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017