49 Monaco B
About This Property
Very nice kitchen with granite and wood cabinets, nice ceiling details with high hats. All appliances are less than 5 years old and the AC system is less than 2 years & water heater only 6 months. Both baths have been remodeled with new tile in showers and glass shower doors. Vanities are new in both as well. Closet systems in both bedrooms and an extra hall closet. No popcorn on any ceilings and nice natural paint colors. The windows are all hurricane impact with the exception of the sliders. A true corner unit located close to the Monaco pool which has a nice cafe. Tennis courts are close by also. Ready to move-in no work needed!
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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 2, 2015 | Sold | ||
| Sold | |||
| May 5, 2015 | Listed by Coldwell Banker | $78,000 | |
| Listed by Coldwell Banker | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/05/2015
| |
2 Bed
|
2 Bath
|
883 ft²
|
$78,000
2 Bed
2 Bath
883 ft²
|
$75,000
-3.85%
07/02/2015
|
Donna M Aronson
Coldwell Banker
|
Building Info
About Kings Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017