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 | |||
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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.
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| Feb 27, 2017 | Sold | ||
| Sold | |||
| Sep 29, 2016 | Listed by ROVI Homes | $99,900 | |
| Listed by ROVI Homes | |||
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Garden style Condominium with Garage! This large 5 Room 2 Bedroom unit features a large living room, spacious open dining room, galley Kitchen with all appliances included. Brand new heating system, hot water tank, freshly painted and new carpet throughout. Come check it out. Buyer to verify all info and use.
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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 |
|---|---|---|---|---|---|---|---|
|
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