35 Eastern Ave #1
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 |
|---|---|---|---|
| Mar 31, 2023 | Sold | ||
| Sold | |||
| Mar 8, 2023 | In contract | - | |
| In contract | |||
| Feb 14, 2023 | Listed by Citylight Homes LLC | $525,000 | |
| Listed by Citylight Homes LLC | |||
| | |||
|
Not a single detail was missed in this newly renovated, thoughtfully designed, 2 bedroom/2 bath, luxury condo located in the historic Diamond District, a stone's throw from the ocean. The calming power of this earthy paradise is carried throughout with harmonizing natural textures, rich colors & nature-inspired accessories leaving all who enter with a feeling of warmth & comfort. Be the first to enjoy all the upgrades this condo boasts including energy improvements, new siding (oceanside), completely updated & modernized bathrooms, refinished hardwood floors, smoothed & freshly painted walls, gorgeous light fixtures, refinished countertops, high-end moldings & tile accents. The location is unparalleled! Here you will enjoy ocean views from your front porch, leisurely strolls to ocean-front restaurants & coffee shops & board the commuter rail, only minutes away. The benefits are endless, including 2 parking spots (1 in garage), a huge bonus room & all the conveniences of condo living.
| |||
| Sep 16, 2021 | Sold | ||
| Sold | |||
| Jun 30, 2021 | Listed by Apartment Hub | $449,900 | |
| Listed by Apartment Hub | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/14/2023
|
2 Bed
|
2 Bath
|
1104 ft²
|
$525,000
2 Bed
2 Bath
1104 ft²
|
$510,000
-2.86%
03/31/2023
|
Kimberly Kearns-Nardone
Citylight Homes LLC
| |
|
06/30/2021
|
2 Bed
|
2 Bath
|
1104 ft²
|
$449,900
2 Bed
2 Bath
1104 ft²
|
$445,900
-0.89%
09/16/2021
|
Emilia Tinari
Maureen Fiorelli Rlty Assoc
| |
|
03/27/2014
|
2 Bed
|
1 Bath
|
907 ft²
|
$239,000
2 Bed
1 Bath
907 ft²
|
$230,000
-3.77%
07/29/2014
|
Virginia Carson
Tache Real Estate, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017