4101 Coral Tree Creek #217
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.
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 |
|---|---|---|---|
| Jan 31, 2024 | Sold | ||
| Sold | |||
| Dec 13, 2023 | Listed by Native Realty Co. | $265,000 | |
| Listed by Native Realty Co. | |||
| | |||
|
Discover an exceptional opportunity to purchase meticulously maintained 2-bed, 2-bath condo. Situated conveniently just off Sample Road, and less than a mile to the Turnpike, this 1,070-square-foot unit offers modern comfort and convenience. You'll first notice upon entering the home a modern open layout, with views straight out of the covered balcony to a tranquil lake, making a great place to enjoy your morning coffee. The kitchen is updated and the condo has ample storage including walk in closet space. The community features a pristine pool, and the roofs of the buildings were replaced in 2022, giving piece of mind that this will not be a worry for years to come. This was a secondary home for the sellers so the unit is in beautiful condition and ready for move in!
| |||
| Jan 9, 2015 | Sold | ||
| Sold | |||
| Nov 12, 2014 | Listed by Gasperoni Real Estate | $113,900 | |
| Listed by Gasperoni Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/13/2023
|
2 Bed
|
2 Bath
|
1070 ft²
|
$265,000
2 Bed
2 Bath
1070 ft²
|
$265,000
01/31/2024
|
Daniel Ross
Native Realty Co.
| |
|
11/12/2014
|
2 Bed
|
2 Bath
|
1070 ft²
|
$113,900
2 Bed
2 Bath
1070 ft²
|
$110,000
-3.42%
01/09/2015
|
Sam Gasperoni
Gasperoni Real Estate
| |
|
10/26/2012
|
3 Bed
|
2 Bath
|
1230 ft²
|
$112,500
3 Bed
2 Bath
1230 ft²
|
$107,000
-4.89%
01/11/2013
|
Tim Richards
RE/MAX In Motion Inc
|
Building Info
About Coral Gate
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017