5 Driver Lane #352
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%.
How much can I actually make?
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 |
|---|---|---|---|
| Dec 15, 2014 | Sold | ||
| Sold | |||
| Sep 3, 2014 | Listed by Donna Marcou at Southport | $372,500 | |
| Listed by Donna Marcou at Southport | |||
| Nov 23, 2012 | Sold | ||
| Sold | |||
| Jul 22, 2012 | Listed by Donna Marcou at Southport | $279,900 | |
| Listed by Donna Marcou at Southport | |||
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This sunlit Provincetown style condo in the community of Southport is a delight to show! It is light and bright and with both bedrooms on one level it is easy living at its best. Neutral paint and carpeting awaits your decor. Private drive and entry makes this style a favorite of buyers. Cathedral ceilings in the living, dining and master bedroom add a felling of spaciousness. Easy to show!
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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 |
|---|---|---|---|---|---|---|---|
|
09/03/2014
|
2 Bed
|
2 Bath
|
1330 ft²
|
$372,500
2 Bed
2 Bath
1330 ft²
|
$375,000
+0.67%
12/15/2014
|
Donna Marcou
Donna Marcou at Southport
| |
|
07/22/2012
|
2 Bed
|
2 Bath
|
1333 ft²
|
$279,900
2 Bed
2 Bath
1333 ft²
|
$272,000
-2.82%
11/23/2012
|
Donna Marcou
Donna Marcou at Southport
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017