5c Pheasant Ave #3
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 |
|---|---|---|---|
| Jun 30, 2023 | Sold | ||
| Sold | |||
| May 2, 2023 | In contract | - | |
| In contract | |||
| Apr 28, 2023 | Listed by William Raveis R.E. & Home Services | $275,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| Mar 17, 2010 | Listed | $119,900 | |
| Listed | |||
| | |||
|
WHY PAY RENT? Nothing to do but move in to this completely updated, move-in condition Townhouse with bright open floor plan in quiet neighborhood. Energy efficient replacement windows, 200 Amp service, extra cabinets in kitchen, newer carpeting throughout. Roof replaced last year, low condo fees. Conveniently located near beaches, shopping and highways. Still time for 1st time buyer credit. You could own this great home or investment property for a $1,000/month, all inclusive.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/01/2024
|
2 Bed
|
1 Bath
|
882 ft²
|
$310,000
2 Bed
1 Bath
882 ft²
|
$300,000
-3.23%
09/30/2024
|
Daniela Tolle
Cape Coastal Sotheby's International Realty
| |
|
05/08/2024
|
1 Bed
|
1 Bath
|
310 ft²
|
$159,900
1 Bed
1 Bath
310 ft²
|
$156,000
-2.44%
08/01/2024
|
Hugh Harp
Bold Real Estate, Inc.
| |
|
04/28/2023
|
2 Bed
|
1 Bath
|
882 ft²
|
$275,000
2 Bed
1 Bath
882 ft²
|
-
-
|
Kim Barnocky-Grossman, CRS
Kinlin Grover Real Estate
| |
|
04/28/2023
|
2 Bed
|
1 Bath
|
882 ft²
|
$275,000
2 Bed
1 Bath
882 ft²
|
$280,000
+1.82%
06/30/2023
|
Kim Barnocky-Grossman
Kinlin Grover Compass
| |
|
04/20/2022
|
2 Bed
|
1 Bath
|
882 ft²
|
$269,900
2 Bed
1 Bath
882 ft²
|
$275,000
+1.89%
05/31/2022
|
Daniela Tolle
Cape Coastal Sotheby's International Realty
| |
|
09/10/2021
|
1 Bed
|
1 Bath
|
308 ft²
|
$120,000
1 Bed
1 Bath
308 ft²
|
$115,000
-4.17%
10/15/2021
|
Vanya Ivanova
Jack Conway - Conway On The Bay
| |
|
10/12/2017
|
2 Bed
|
1 Bath
|
882 ft²
|
$129,900
2 Bed
1 Bath
882 ft²
|
$125,000
-3.77%
11/13/2017
|
Red Hilton
Sold By Gold LLC
| |
|
08/25/2010
|
2 Bed
|
1 Bath
|
882 ft²
|
$104,900
2 Bed
1 Bath
882 ft²
|
-
-
|
Mary Noll
HomeSmart First Class Realty
| |
|
03/17/2010
|
2 Bed
|
1 Bath
|
882 ft²
|
$119,900
2 Bed
1 Bath
882 ft²
|
-
-
|
Kimberlee Canducci
Kinlin Grover Compass
| |
|
12/09/2008
|
2 Bed
|
1 Bath
|
882 ft²
|
$129,900
2 Bed
1 Bath
882 ft²
|
$125,500
-3.39%
03/31/2009
|
Judy Hall Gavaza
Berkshire Hathaway HomeServices N.E. Prime Properties
| |
|
12/10/2002
|
2 Bed
|
1 Bath
|
814 ft²
|
$129,900
2 Bed
1 Bath
814 ft²
|
$129,900
01/31/2003
|
Monica Kavanaugh
Realty Executives Metro South
| |
|
08/18/2000
|
2 Bed
|
1 Bath
|
814 ft²
|
$89,900
2 Bed
1 Bath
814 ft²
|
$80,000
-11.01%
10/18/2000
|
Karan Halloran
William Raveis R.E. & Home Services
| |
|
08/18/2000
|
2 Bed
|
1 Bath
|
825 ft²
|
$89,900
2 Bed
1 Bath
825 ft²
|
$81,000
-9.90%
12/22/2000
|
Donna Payzant
Payzant Real Estate, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017