47 Markham B #47
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%.
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 |
|---|---|---|---|
| May 25, 2021 | Sold | ||
| Sold | |||
| Jan 31, 2021 | Listed by Bailey Woodruff Real Estate | $63,900 | |
| Listed by Bailey Woodruff Real Estate | |||
| | |||
|
REDUCED - GREAT LOCATION -2 STORY BUILDING- NICE 2ND FLOOR UNIT WITH SMALL VIEW ON LAKE FROM THE SCREENED BALCONY - PARTIALLY RENOVATED - BEIGE TILE THROUGHOUT - WOOD FLOOR IN BEDROOM - SOLD PARTIALLY FURNISHED- VERY NICE OPEN KITCHEN GIVES IT A MODERN LOOK - GLASS TOP DINING ROOM TABLE WITH 4 CHAIRS - BEIGE COUCH IN LIVING ROOM WITH ROUND GLASS TABLE - CABINET AND MODERN TV - BUILDING FRESHLY PAINTED - MONTHLY MAINTENANCE $350.00 - CLOSE TO POOL - COMPLEX WITH SO MANY AMENITIES - PLENTY OF SOCIAL ACTIVITIES - SPECIAL EVENTS - MEETING ROOM - 2 MUSIC ROOMS - MOVIE THEATER - BILLIARD ROOM - LIBRARY - INDOOR POOL - TRANSPORTATION SERVICES - CHAPEL & SYNAGOGUE
GREAT LOCATION - 20 MINUTES TO THE OCEAN AND RESTAURANTS AND SERVICES.
| |||
| Aug 21, 2012 | Sold | ||
| Sold | |||
| Jun 8, 2012 | Listed by Accurate Real Estate | $34,500 | |
| Listed by Accurate Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/31/2021
|
1 Bed
|
2 Bath
|
703 ft²
|
$63,900
1 Bed
2 Bath
703 ft²
|
$58,000
-9.23%
05/25/2021
|
Pauline Morissette
Bailey Woodruff Real Estate
| |
|
06/08/2012
|
1 Bed
|
2 Bath
|
703 ft²
|
$34,500
1 Bed
2 Bath
703 ft²
|
$31,500
-8.70%
08/21/2012
|
Mary Sinopoli
Preferred Properties Int"l Rlt
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017