461 Durham P #461
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 8, 2020 | Sold | ||
| Sold | |||
| Nov 26, 2019 | Listed by Bailey Woodruff Real Estate | $52,500 | |
| Listed by Bailey Woodruff Real Estate | |||
| | |||
|
Corner unit! First floor. Unit is located close to pool and walking distance to clubhouse. Unit is furnished and ready for your updates. Walk In shower in master bath, accordion hurricane shutters on all windows for extra security. Enclosed patio with door to outside. Building has community patio area. This unit is ready for you to decorate and make your own. Association claims 55. Rentable after 1 year of ownership.
| |||
| Aug 18, 2015 | Sold | ||
| Sold | |||
| Sep 12, 2014 | Listed by Century Village Real Estate | $39,500 | |
| Listed by Century Village Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/26/2019
|
1 Bed
|
1 Bath
|
703 ft²
|
$52,500
1 Bed
1 Bath
703 ft²
|
$46,000
-12.38%
01/08/2020
|
Patricia O'Neil
Bailey Woodruff Real Estate
| |
|
09/12/2014
|
1 Bed
|
2 Bath
|
700 ft²
|
$39,500
1 Bed
2 Bath
700 ft²
|
$34,500
-12.66%
08/18/2015
|
Doreen Richard
Century Village Real Estate
|
Building Info
About Durham Condominiums
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017