48 Portside Dr #84
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 1, 2024 | Sold | ||
| Sold | |||
| Mar 1, 2024 | In contract | - | |
| In contract | |||
| Feb 27, 2024 | Listed by Kinlin Grover Compass | $569,000 | |
| Listed by Kinlin Grover Compass | |||
| Sep 9, 2014 | Sold | ||
| Sold | |||
| May 15, 2014 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $309,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Enjoy Southport in this Vineyard Model which provides one floor living and a private master bedroom suite with its own private bath and walk-in closet. This unit was recently painted and has some new carpeting as well as new wood laminate flooring in the kitchen. This is one floor living at its best and the Southport amenities are just fantastic. Play golf for free on the 9 hole private executive course. Swim year round in an indoor pool. And there is more!
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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 |
|---|---|---|---|---|---|---|---|
|
02/27/2024
|
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