5 Cranberry Grove Way #D
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 |
|---|---|---|---|
| May 26, 2023 | Sold | ||
| Sold | |||
| Apr 9, 2023 | In contract | - | |
| In contract | |||
| Apr 5, 2023 | Listed by Coldwell Banker Realty - Marion | $365,000 | |
| Listed by Coldwell Banker Realty - Marion | |||
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Enjoy this spacious end unit in desirable Cranberry Grove. This home is one floor with an open floor plan, cathedral living area allows for plenty of natural light. Enjoy a large master bedroom with generous en-suite bathroom, the walk-in closet will not disappoint! There are plenty of closets and a utility laundry room and attic both adding extra storage. Cozy front porch and private back deck add to your outside private space. Close to Swifts Beach and all area amenities!
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| Jun 14, 2019 | Sold | ||
| Sold | |||
| May 1, 2019 | Listed by Coldwell Banker Realty - Marion | $264,900 | |
| Listed by Coldwell Banker Realty - Marion | |||
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Cranberry Grove is a well maintained 55+ community that features one level, 2BR, 2BA units with professional landscaping, irrigation & 2 parking spaces. This unit has an open floor plan with appealing finishes like pergo flooring in living room & hallway and tile floor in kitchen. The eat-in-kitchen features oak cabinets, sage green counters and ivory appliances...very appealing. A large master suite with walk-in closet overlooks back deck & yard. A separate laundry/utility room is great for storage. There is also a pull down attic for storage, if needed. Beach access approximately 1 mile down road. Town water, sewer and natural gas!
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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 |
|---|---|---|---|---|---|---|---|
|
04/05/2023
|
2 Bed
|
2 Bath
|
1338 ft²
|
$365,000
2 Bed
2 Bath
1338 ft²
|
$358,000
-1.92%
05/26/2023
|
Wm. Dwayne Stefano
Options 153, Mullen & Partners
| |
|
05/01/2019
|
2 Bed
|
2 Bath
|
1338 ft²
|
$264,900
2 Bed
2 Bath
1338 ft²
|
$265,000
+0.04%
06/14/2019
|
Sandy Dawson Galavotti
Dawson Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017