405 Heritage Hills #A
About This Property
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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.
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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 |
|---|---|---|---|
| Mar 29, 2024 | Sold | ||
| Sold | |||
| Feb 5, 2024 | In contract | - | |
| In contract | |||
| Jan 15, 2024 | Listed by Compass Greater NY, LLC | $599,900 | |
| Listed by Compass Greater NY, LLC | |||
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Fabulous location in desirable Heritage Hills on the West Hill. One level easy living is offered in this Stratford end unit model. Spacious sunlit rooms have all been freshly painted, Living room w/ fireplace + dining room w/ SGD to deck. The large Eat-in-Kitchen offers updated white appliances, plenty of cabinets and room for a table. Additional set of sliders from the kitchen, lead to the oversized deck and overlooks a private rear yard. Primary bedroom w/ cozy window seat, ensuite bath w/ whirlpool & walk-in closet. Hardwood floors & bedrooms w/ carpet. Attic w/ pull down staircase and plenty of closets for storage + convenient attached 1 car garage. Enjoy the active lifestyle Heritage Hills offers: Activities Center with a variety of available clubs, fitness center, 5 pools, tennis, paddle/pickle ball courts & bocce + shuttle to train/shopping & 24 hour security. Society Fee-$183 month HOA Fee- $577.18 month + sewer and water. PLUS one time Purchase Contribution fee of $1,500
Taxes do not include STAR discount of $1,652. Additional Information: ParkingFeatures:1 Car Attached,
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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 |
|---|---|---|---|---|---|---|---|
|
01/15/2024
|
2 Bed
|
2 Bath
|
1549 ft²
|
$599,900
2 Bed
2 Bath
1549 ft²
|
$568,000
-5.32%
03/29/2024
|
Catherine Duff-Poritzky
Coldwell Banker Res Brokerage
| |
|
07/21/2016
|
3 Bed
|
2 Bath
|
1909 ft²
|
$635,000
3 Bed
2 Bath
1909 ft²
|
$640,000
+0.79%
09/26/2016
|
Martha Lowenfeld
Coldwell Banker Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017