3896 Reading Road #V
About This Property
The manager has listed the unit size as 2398 square feet.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 19, 2018 | Sold | ||
| Sold | |||
| Nov 15, 2018 | No longer available | - | |
| No longer available | |||
| Sep 15, 2018 | Listed | $79,900 | |
| Listed | |||
| | |||
|
Price reflects new installation of furnace&AC,Deep cleaning&Fresh paint &multiple repairs.Still below Market!Lg condo w/charming amenities:hdwd fl thruout,9ft ceiling,crown molding,gas FP,naturalwood Frnch doors!Upd kit,baths&Electric. 2 solariums!Additional assessment $355/month possibly finishing in 2020. Seller offers to pay 1 year after closing The manager has listed the unit size as 2398 square feet.
| |||
| Sep 12, 2018 | No longer available | - | |
| No longer available | |||
| Sep 12, 2018 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/09/2024
| |
2 Bed
|
1 Bath
|
1406 ft²
|
$165,900
2 Bed
1 Bath
1406 ft²
|
-
-
|
Bradley Babiak
RE/MAX Preferred Group
|
|
09/07/2023
|
2 Bed
|
1 Bath
|
1406 ft²
|
$180,000
2 Bed
1 Bath
1406 ft²
|
-
-
|
Jon Bowling
RE/MAX Preferred Group
| |
|
12/04/2020
|
3 Bed
|
2 Bath
|
-
|
$115,000
3 Bed
2 Bath
|
$78,000
-32.17%
04/30/2021
|
Jack Horn
| |
|
06/20/2018
|
3 Bed
|
2 Bath
|
2398 ft²
|
$69,900
3 Bed
2 Bath
2398 ft²
|
$58,000
-17.02%
09/12/2018
|
Xiaojie Zavon
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017