48 Portside Dr #48
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 |
|---|---|---|---|
| Feb 17, 2023 | Sold | ||
| Sold | |||
| Jan 20, 2023 | In contract | - | |
| In contract | |||
| Jan 13, 2023 | Listed by Keller Williams Realty | $499,900 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Welcome to Southport! This sought after 55+ community offering all the amenities you could possibly want to enjoy throughout your retirement years. Easy one level living, this 2 bedroom/2 bath condo featuring a light & bright open living/dining with cathedral ceilings, wood floors, gas fireplace & slider to the spacious deck for summer entertaining. Kitchen with stone countertops, stainless gas range, refrigerator & microwave. Primary bedroom with full bath, walk-in closet with two laundry options. Gas heat, central air & one car garage. Perfect for year round or Cape Cod getaway. Buyers/buyers agent to verify all information contained herein.
| |||
| Jan 1, 2023 | No longer available | - | |
| No longer available | |||
| Dec 3, 2022 | Price Decreased |
$499,900
↓ $29K
(5.5%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/27/2024
|
2 Bed
|
2 Bath
|
1338 ft²
|
$569,000
2 Bed
2 Bath
1338 ft²
|
$570,000
+0.18%
04/01/2024
|
Ann Quinlin
RE/MAX Real Estate Center
| |
|
09/01/2022
|
2 Bed
|
2 Bath
|
-
|
$529,000
2 Bed
2 Bath
|
-
-
|
Jaime Rapoza
William Raveis R.E. & Home Services
| |
|
01/13/2023
| |
2 Bed
|
2 Bath
|
1481 ft²
|
$499,900
2 Bed
2 Bath
1481 ft²
|
-
-
|
Mike Amaru
Keller Williams Realty
|
|
05/15/2014
|
2 Bed
|
2 Bath
|
1338 ft²
|
$309,000
2 Bed
2 Bath
1338 ft²
|
$290,000
-6.15%
09/09/2014
|
Leonard O Leary
Seagrass Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017