5 Grantham D #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 |
|---|---|---|---|
| Jun 1, 2023 | Sold | ||
| Sold | |||
| Mar 28, 2023 | Listed by The Keyes Company | $177,900 | |
| Listed by The Keyes Company | |||
| | |||
|
Location, location, location! Gorgeous 1st floor remodeled unit next to the Clubhouse! Quality updates throughout this furnished home allow you to move in and enjoy the amenities from day one. Stunning updates to kitchen include new, wood-cabinets, granite counter tops, ss appliances, and plenty of counter space and storage. Primary bathroom and powder room have been tastefully updated. The beautiful furniture is included with the sale. This is truly one of the best locations at CVE, because of the access to the club house amenities. This association allows rentals after owning for one year. Credit score of 650 needed. This is a 55+ community with everything you need to be social; tennis, pickle ball, theater, restaurants, swimming pools, card rooms, and more.
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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 |
|---|---|---|---|---|---|---|---|
|
03/28/2023
|
1 Bed
|
2 Bath
|
700 ft²
|
$177,900
1 Bed
2 Bath
700 ft²
|
$168,000
-5.56%
06/01/2023
|
Arlo Dissette
The Keyes Company
|
Building Info
About Grantham Condominiums
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$7,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017