$548,000
●
Condo -
Off Market
49 Island Point #49
New York, NY 10464
2 Beds
2 Baths
1,501 Ft²
$855,914
RealtyHop Estimate
56.19%
Since Apr 1, 2017
NY-New York
Primary Model
About This Property
This spectacular new 43-unit waterfront development is located on 5
prime acres within a private gated community in the quaint
community of City Island. All the interiors feature gorgeous
state of the art kitchens with white maple wood cabinets,
Caesarstone countertops, GE Profile stainless appliances and glass
tile back splashes. The luxurious master bathrooms have Carrera
white marble accents and double sinks. All units have gas
fireplaces, hardwood flooring, Andersen windows and doors, walk in
closets, central air, private laundry facilities and garages.
Community amenities include a clubhouse with a fitness center
and party room, an in-ground heated pool and a playground.
Enjoy resort style living at its best! Additional
Information: ParkingFeatures:1 Car Detached,
Unit Size
1,501 Ft²
Days on Market
-
Land Size
-
Price per sqft
$365
Property Type
Condo
Property Taxes
$276
HOA Dues
$499
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 6 months ago (OneKey MLS #KEYH4510310)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 30, 2017 | Sold | ||
| Sold | |||
| Mar 18, 2015 | Listed by McClellan Sotheby's Int. Rlty | $548,000 | |
| Listed by McClellan Sotheby's Int. Rlty | |||
Property Highlights
Air Conditioning
Parking Available
Garage
Fireplace
Parking Details
Parking Features: Assigned, Detached, Driveway
Interior Details
Full Bathrooms: 2
Interior Features: Eat-in Kitchen, Entrance Foyer, Master Downstairs, Walk-In Closet(s), Primary Bathroom
Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Gas Water Heater
Flooring Type: Hardwood
Laundry Features: Inside
Rooms: 4
Has Fireplace
Fireplaces: 1
Basement: None
Exterior Details
Has Property Attached
Square Footage: 1501
Square Footage Source: $0
Property Condition: To Be Built
Year Built: 2016
Levels: One
Construction Materials: Batts Insulation, Frame, HardiPlank Type
Patio and Porch Features: Patio
Pool Features: Community, In Ground
Pool is Private
Lot Features: Near Public Transit, Near School, Near Shops
Water Source: Public
Financial Details
Tax Annual Amount: $3,313
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Sewer, Snow Removal, Trash, Water, Exterior Maintenance, Hot Water
HOA/Condo/Coop Amenities: Clubhouse, Fitness Center, Gated, Trash
HOA Fee: $499
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/18/2015
|
2 Bed
|
2 Bath
|
1501 ft²
|
$548,000
2 Bed
2 Bath
1501 ft²
|
$548,000
03/30/2017
|
Caroline M. Baccellieri
Compass Greater NY, LLC
|
Building Info
About City Island
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Last Updated: 6 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017