4 Executive Drive #291
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 |
|---|---|---|---|
| Sep 29, 2016 | Sold | ||
| Sold | |||
| Jun 19, 2016 | Listed by Seagrass Realty | $365,000 | |
| Listed by Seagrass Realty | |||
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This beautiful Vineyard 2 Unit has that much desired open staircase with skylight above making for a very bright and spacious entry. There is rich wood flooring in both the entry , the hallway leading to the living area and in the kitchen itself. The kitchen has corian counters and upgraded kitchen cabinets. There is a breakfast nook in the kitchen as well. The dining room and living room each have wall to wall carpet and large bow/by windows. The unit is in exceptional condition because the owners seldom spent much time at the unit. It was indeed their "get away" unit only. The outside deck has great wooded privacy and the street is a dead end street with a cul-de-sac at the end providing even greater traffic privacy.
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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 |
|---|---|---|---|---|---|---|---|
|
06/19/2016
|
2 Bed
|
2 Bath
|
1338 ft²
|
$365,000
2 Bed
2 Bath
1338 ft²
|
$355,750
-2.53%
09/29/2016
|
Leonard O Leary
Seagrass Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017