369 Wareham Rd #4
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 |
|---|---|---|---|
| Oct 15, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Aug 31, 2024 | Listed by Winder Realty, LLC | $275,000 | |
| Listed by Winder Realty, LLC | |||
| Feb 1, 2022 | Sold | ||
| Sold | |||
| Dec 17, 2021 | Listed by Stonewood Realty | $189,000 | |
| Listed by Stonewood Realty | |||
| | |||
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Why pay rent when you can own for less money every month? Rare opportunity to buy a charming, updated studio condo residence (w/ sleeping alcove) in the town of Marion. This well-maintained building has 2 professional condos on the 1st fl (law firm), 1 bedroom condo on the rear 2nd fl (Unit 3), and this studio condo also on the 2nd fl (Unit 4) in the front of the building with its own private entrance & staircase. An updated kitchen opens to the living rm where you can fit both living and dining furniture. A modern full bath has just the right amount of space. An adjacent sleeping alcove has room for a double or queen bed and has closets and built-in drawers. This unit comes with one designated parking spot and ample guest parking. Take advantage of this exceptional value-priced and updated studio condo in a central location. Hot water baseboard heat. Ductless mini-split air conditioning. Rooftop deck exclusive use w/ access from inside unit (requires decking). Plenty of eaves storage.
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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 |
|---|---|---|---|---|---|---|---|
|
08/31/2024
|
1 Bed
|
1 Bath
|
520 ft²
|
$275,000
1 Bed
1 Bath
520 ft²
|
$262,500
-4.55%
10/15/2024
|
Kristin Feeney
Converse Company Real Estate
| |
|
12/17/2021
|
1 Bed
|
1 Bath
|
520 ft²
|
$189,000
1 Bed
1 Bath
520 ft²
|
$189,000
02/01/2022
|
Christopher Demakis
Demakis Family Real Estate, Inc.
| |
|
08/09/2021
|
1 Bed
|
1 Bath
|
758 ft²
|
$325,000
1 Bed
1 Bath
758 ft²
|
$310,000
-4.62%
11/22/2021
|
Kelly Woolson
RE/MAX Real Estate Center
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017