37 Appleton Street #37
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 6, 2023 | Sold | ||
| Sold | |||
| Aug 12, 2023 | In contract | - | |
| In contract | |||
| Jul 20, 2023 | Price Decreased |
$1,189,000
↓ $6K
(0.5%) | |
| Price Decreased | |||
| Jun 22, 2023 | Price Increased |
$1,195,000
↑ $6K
(0.5%) | |
| Price Increased | |||
| May 18, 2023 | Listed by Keller Williams Realty Evolution | $1,189,000 | |
| Listed by Keller Williams Realty Evolution | |||
| | |||
|
Seller is offering $10,000 at closing to buy down mortgage interest or minimize closing costs! Brand New Luxury Townhouse-style condo located on a quiet tree-lined street in the heart of Arlington Heights! Thoughtfully designed with two floors of modern living. The open concept floor plan is ideal for living & entertaining together w/ modern kitchen cabinetry, professional grade stainless steel appliances, white quartz countertops, custom built-in gas fireplace, and designer grade finishes complete this home. Four bedrooms with plenty of outfitted closet space. The Main suite includes a massive walk in closet and a full ensuite bathroom. Laundry is conveniently located on the same level. Another bonus living space is downstairs great for a gym, den, theater or playroom. 2 more full baths. Private deck. Maintenance free PVC & fiber-cement exterior siding w/ touches of cedar; tankless water heater and central heat & a/c. Extremely energy efficient. 2 Off Street Deeded Parking spots
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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 |
|---|---|---|---|---|---|---|---|
|
05/18/2023
|
4 Bed
|
3 Bath
|
2272 ft²
|
$1,225,000
4 Bed
3 Bath
2272 ft²
|
$1,100,000
-10.20%
10/06/2023
|
Taylor Johnson
Engel & Volkers Boston
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017