5 Atlantic View #5
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 |
|---|---|---|---|
| Jan 28, 2022 | Sold | ||
| Sold | |||
| Oct 6, 2021 | Listed by Non Member Office | $710,000 | |
| Listed by Non Member Office | |||
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With views of the hills of NH and the ocean in the distance this condo is special. This end unit looks better than the day it was built. Granite and SS kitchen with center island, pull out drawers, and pantry closet as well as a breakfast bar make the kitchen both highly functional and beautiful. The living room has a gas fired fireplace and built ins. The first floor master has a nice closet and gorgeous bath. Upstairs are two generous sized bedrooms and another bath. Need to have the gang over to watch the big game? The lower level is walk out with another gas fireplace, wet bar, and half bath. Working from home? No problem. We have an office in the lower level with more built-ins and a view out the window. There is both a deck and a patio. No carpet in this house! There are speakers wired through out. The attached two car garage is a nice size. Atlantic View has only sixteen units and all are owner occupied. There is nothing like coming home to a great view!
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| Sep 25, 2007 | Sold | ||
| Sold | |||
| Jul 21, 2006 | Listed by Churchill Properties | $619,000 | |
| Listed by Churchill Properties | |||
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First floor living, superb craftmanship, outstanding views, and easy living offered in the newest Wojcicki-McPartland townhomes. Set atop one of the highest points in Essex County offering views to the ocean and beyond, you'll enjoy entry level access from 2 car garage into upscale kitchen, dining, and master bedroom. Second floor allows room for guests and office space.
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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 |
|---|---|---|---|---|---|---|---|
|
10/06/2021
|
3 Bed
|
4 Bath
|
2261 ft²
|
$710,000
3 Bed
4 Bath
2261 ft²
|
$710,000
01/28/2022
|
Cathy Toomey
Stone Ridge Properties, Inc.
| |
|
07/21/2006
|
2 Bed
|
3 Bath
|
2215 ft²
|
$619,000
2 Bed
3 Bath
2215 ft²
|
$671,215
+8.44%
09/25/2007
|
Karen Bernier
Churchill Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017