40 Renaissance Circle #39
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 |
|---|---|---|---|
| Jul 11, 2019 | Listed by Royal Realty, Inc. | $504,400 | |
| Listed by Royal Realty, Inc. | |||
| | |||
|
STONE BRIDGE ESTATES of SALEM, a 55+ COMMUNITY, A CONDOMINIUM - Just over the MA/NH line near Merrimack Golf Course, there's a remarkable new community for active adults. A State of N.H. award-winning location & AG approved. There will be 46 single family, detached homes on 27+- common acres, serviced with municipal water, sewer and natural gas heat. Both parties must be 55+ to own and occupy. Yes, you can bring your pets. There are walking paths leading to a natural pond for fishing, birding and boating. Golf, shopping and highways are only minutes away from this historical location, which is eligible for registration in The National Register of Historic Places. Four floor plans with quality standard specifications, many selections to choose from as well as custom upgrades offered. Phase One is now available. You are going to love living here...it is truly a magical location like no other! Furnished model on site.
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| Jul 11, 2019 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/10/2019
|
2 Bed
|
3 Bath
|
2296 ft²
|
$504,400
2 Bed
3 Bath
2296 ft²
|
$504,400
07/11/2019
|
Tina Habeeb
Royal Country Homes Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017