47 Union Sq #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%.
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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 |
|---|---|---|---|
| Jul 28, 2022 | Sold | ||
| Sold | |||
| May 23, 2022 | Listed by Better Living Real Estate, LLC | $299,850 | |
| Listed by Better Living Real Estate, LLC | |||
| | |||
|
Wonderful Union Square condo! This 2 bedroom, 2 bath, single level unit has lots of space for entertaining, relaxing by the pool or spending time on your private, screened in porch. The light, bright kitchen has ample cabinet and counter space and includes all appliances. The hardwood living room and dining area are open front to back -perfect for entertaining, with access to the private sun porch and steps to the back yard and garden area. The main bedroom has its own full bath and the second bedroom has ample closets, lots of space and great natural light. The laundry is located right in the unit and includes the washer and dryer. There is an oversized, locked, private storage room in the basement. A deeded parking space and myriad guest spaces round out the great opportunity to live in this beautiful, quiet townhouse community near restaurants, shopping, highway access, and much more. Final Offers are due by noon on Tuesday, May 31st.
| |||
| Aug 10, 2012 | Sold | ||
| Sold | |||
| Apr 15, 2012 | Listed by RE/MAX Select Realty | $174,000 | |
| Listed by RE/MAX Select Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/23/2022
|
2 Bed
|
2 Bath
|
1130 ft²
|
$299,850
2 Bed
2 Bath
1130 ft²
|
$330,000
+10.06%
07/28/2022
|
Nick Helgesen
Better Living Real Estate, LLC
| |
|
04/15/2012
|
2 Bed
|
2 Bath
|
1130 ft²
|
$174,000
2 Bed
2 Bath
1130 ft²
|
$168,000
-3.45%
08/10/2012
|
Scott Drohan
RE/MAX Select Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017