5 Birchtree Circle #5
About This Property
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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.
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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 |
|---|---|---|---|
| Dec 7, 2023 | Sold | ||
| Sold | |||
| Oct 31, 2023 | In contract | - | |
| In contract | |||
| Oct 25, 2023 | Listed by Coldwell Banker Realty - Canton | $499,000 | |
| Listed by Coldwell Banker Realty - Canton | |||
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Large, potential 3 bedroom unit in the highly desirable Chestnut Ridge condominium community. This well maintained end unit has ample floor space & plenty of storage. The skylit kitchen is bright & roomy w/ center island seating as well as a separate dining area. Easy flow from the kitchen to the formal dining room to the sunk-in living room with a floor to ceiling fireplace, wet bar & double slider that opens to an oversized deck. Off the living room is a BONUS room (currently a family room)that could be used as a first floor bedroom. A 1/2 bath finishes up the main level. The second floor features two generously sized bedrooms each with a walk-in closet & full baths. BONUS closet in the main bedroom. Unlimited potential for additional living space in the large basement -PARTIALLY HEATED & WIRED. Freshly painted interior, brand new carpeting, new hot water heater (2022), newer roof (2018), composite decking (2019) & more - see attached feature sheet. Close to highway&commuter rail
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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 |
|---|---|---|---|---|---|---|---|
|
10/25/2023
|
2 Bed
|
3 Bath
|
2026 ft²
|
$499,000
2 Bed
3 Bath
2026 ft²
|
$535,000
+7.21%
12/07/2023
|
Janice Sullivan
RE/MAX Heritage, LLC
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017