348 Sunset #413
About This Property
The manager has listed the unit size as 1402 square feet.
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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 |
|---|---|---|---|
| Jul 26, 2022 | No longer available | - | |
| No longer available | |||
| Jul 19, 2022 | In contract | - | |
| In contract | |||
| Jul 7, 2022 | Listed | $227,900 | |
| Listed | |||
| | |||
|
Fantastic Lake Front Condo in the very popular complex of Sunset Cove! This unit is a walk down unit, with great balcony to sit and enjoy your morning cup of coffee! This condo features a split bedroom plan - 1 on each side of the condo with a nice living room with fireplace! Separate Dining and Kitchen open up to the living room for a great entertainment space! This unit is very cozy and comes fully furnished. Sunset Cove is a gated community and has great amenities with close access to downtown strip, shopping and restaurants. All boat slips are individually owned and this unit does not come with one. Clubhouse has pool, game room, and fitness center. The manager has listed the unit size as 1402 square feet.
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| Jul 2, 2022 | No longer available | - | |
| No longer available | |||
| Jun 12, 2022 | Price Decreased |
$229,900
↓ $10K
(4%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/10/2023
|
Loft
|
2 Bath
|
1351 ft²
|
$260,000
Loft
2 Bath
1351 ft²
|
-
-
|
Carolyn Crispin Team
Keller Williams Tri-Lakes
| |
|
01/21/2022
|
2 Bed
|
2 Bath
|
1402 ft²
|
$245,000
2 Bed
2 Bath
1402 ft²
|
-
07/26/2022
|
Chris Miller
Sunset Realty Services Inc.
| |
|
09/12/2019
|
3 Bed
|
3 Bath
|
1968 ft²
|
$235,000
3 Bed
3 Bath
1968 ft²
|
-
-
|
-
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017