40 Pheasant Way #40
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 |
|---|---|---|---|
| Nov 28, 2023 | Sold | ||
| Sold | |||
| Nov 5, 2023 | In contract | - | |
| In contract | |||
| Nov 1, 2023 | Listed by Keller Williams Realty | $230,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Welcome to Doverbrook Estates! Introducing a fantastic opportunity to own a charming 2-bedroom, 1-bath condo with a detached 1-car garage in the heart of this desirable community.This well-maintained condo boasts a cozy and spacious interior, ideal for small families, professionals, or those seeking an easy, low-maintenance lifestyle. The living area is flooded with natural light, creating a warm and inviting atmosphere for you and your loved ones. The galley kitchen is designed for efficiency and comes equipped with modern appliances. You'll also appreciate the convenience of in-unit laundry and ample storage space throughout. Outside, you'll find a private detached garage, ensuring your vehicle is sheltered from the elements and providing additional storage space for your belongings. Doverbrook Estates is renowned for its peaceful ambiance, well-kept grounds, and friendly neighbors. It's conveniently located near shopping, dining, and parks.
| |||
| Feb 27, 2017 | Sold | ||
| Sold | |||
| Sep 29, 2016 | Listed by ROVI Homes | $99,900 | |
| Listed by ROVI Homes | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/01/2023
|
2 Bed
|
1 Bath
|
1086 ft²
|
$230,000
2 Bed
1 Bath
1086 ft²
|
$240,000
+4.35%
11/28/2023
|
Juan Cruzado
Keller Williams Realty
| |
|
09/29/2016
|
2 Bed
|
1 Bath
|
1083 ft²
|
$99,900
2 Bed
1 Bath
1083 ft²
|
$95,000
-4.90%
02/27/2017
|
Ashley Shook
Rovithis Realty, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017