403 West Pierce Road #201
About This Property
The manager has listed the unit size as 1580 square feet.
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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 |
|---|---|---|---|
| Oct 7, 2021 | No longer available | - | |
| No longer available | |||
| May 19, 2021 | In contract | - | |
| In contract | |||
| May 15, 2021 | No longer available | - | |
| No longer available | |||
| May 14, 2021 | Listed | $269,900 | |
| Listed | |||
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Luxury 2nd Floor Condo in an elevator building. Condo boasts 2 bedrooms, 2 full baths, dry bar, hardwood flooring, wainscoting, tray ceilings, crown molding, chair rail, granite tops, back splash, private balcony with large private storage space, in-unit laundry, 1 garage parking space (another storage unit located in garage) and additional outdoor parking space. Recent updates include: island pendant lights and dining room light fixture NEW in 2021; CAC NEW in2017; Hot Water Heater NEW in 2015; washer and dryer NEW in 2015 The manager has listed the unit size as 1580 square feet.
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| May 13, 2021 | Price Decreased |
$269,900
↓ $5K
(1.8%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/22/2021
|
2 Bed
|
2 Bath
|
1580 ft²
|
$274,900
2 Bed
2 Bath
1580 ft²
|
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-
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017