42 Compass Point Dr. #42
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 |
|---|---|---|---|
| Apr 3, 2024 | Sold | ||
| Sold | |||
| Feb 20, 2024 | In contract | - | |
| In contract | |||
| Feb 9, 2024 | Listed by Coldwell Banker Realty - Worcester | $459,900 | |
| Listed by Coldwell Banker Realty - Worcester | |||
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Stunning 4 year young condo ready for you to move into and live the easy life! What a lovely unit! Tastefully decorated from top to bottom. The main bedrm is on the 1st floor and boasts a double walk in closet and a handsome main bathroom with a large, tiled shower and double vanity. The living rm has a cathedral ceiling and a gas fireplace with a slate surround. The kitchen is light and airy with a large island and stainless steel appliances. Guest will feel comfortable in the dining room that opens through a slider to the composite deck. The location of this unit overlooks the back of the complex w/a lawn and forest for privacy. No need to go climb stairs for the laundry. It is on the 1st floor too! Take the beautiful oak staircase to the second floor that has two more large bedrooms with double closets and a home office! The walk out lower level could be finished to add even more space if needed. Truly a wonderful property to move right into. Prefers an April 3 closing.
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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 |
|---|---|---|---|---|---|---|---|
|
02/09/2024
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3 Bed
|
3 Bath
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1812 ft²
|
$459,900
3 Bed
3 Bath
1812 ft²
|
$470,000
+2.20%
04/03/2024
|
Kim McCrohon
Coldwell Banker Realty - Worcester
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017