49 Portside Drive #51
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 |
|---|---|---|---|
| Aug 15, 2017 | Sold | ||
| Sold | |||
| May 19, 2017 | Listed by Keller Williams Elite | $395,000 | |
| Listed by Keller Williams Elite | |||
| | |||
|
Here is a Southport Townhome which has been totally renovated within the past 4 years. All interior floors are now beautiful hardwood or ceramic tile. The kitchen has all new upgraded cabinets as well as beautiful Silestone counters. The baths have the same upgraded cabinets with Silestone. There is one Master Bedroom Suite on each floor with the first floor MBR having brand new wall to wall carpet and the upstairs MBR having the same beautiful hardwood floors that are found on the first floor. The second floor MBR even has a walk-in closet that has been expanded to hold a huge amount of clothing. The deck off the Living Rom has a very private setting surrounded by trees. There is nothing left to do in this unit except perhaps add a ne stainless steel refrigerator to match the Stainless Steel stove and microwave.
| |||
| Oct 10, 2012 | Sold | ||
| Sold | |||
| May 21, 2012 | Listed by Seagrass Realty | $259,000 | |
| Listed by Seagrass Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/06/2024
|
2 Bed
|
3 Bath
|
1685 ft²
|
$570,000
2 Bed
3 Bath
1685 ft²
|
$580,000
+1.75%
09/19/2024
|
Amy Vickers
EXIT Cape Realty
| |
|
05/31/2024
| |
2 Bed
|
2.5 Bath
|
1685 ft²
|
$570,000
2 Bed
2.5 Bath
1685 ft²
|
-
-
|
INSPIRE Team
Keller Williams Realty
|
|
06/18/2020
|
2 Bed
|
3 Bath
|
1685 ft²
|
$389,000
2 Bed
3 Bath
1685 ft²
|
$389,000
09/08/2020
|
Missy Wagner
Keller Williams Elite
| |
|
07/09/2017
| |
2 Bed
|
5 Bath
|
1800 ft²
|
-
2 Bed
5 Bath
1800 ft²
|
-
-
|
-
|
|
05/19/2017
|
2 Bed
|
3 Bath
|
1800 ft²
|
$395,000
2 Bed
3 Bath
1800 ft²
|
$381,000
-3.54%
08/15/2017
|
Leonard O Leary
Seagrass Realty
| |
|
05/21/2012
|
2 Bed
|
3 Bath
|
1685 ft²
|
$259,000
2 Bed
3 Bath
1685 ft²
|
$250,000
-3.47%
10/10/2012
|
Leonard O Leary
Seagrass Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017