5 Progress St #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%.
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 |
|---|---|---|---|
| Apr 23, 2021 | Sold | ||
| Sold | |||
| Feb 1, 2021 | Listed by Keller Williams South Watuppa | $219,999 | |
| Listed by Keller Williams South Watuppa | |||
| | |||
|
This pristine 3 bedroom, 1-1/2 bath condo feels like a single family home and is perfect for a growing family! Located on the end of the three unit building, it is bright and sunny with lots of windows. The new family will enjoy the eat-in kitchen with newer appliances and sliders to a deck for grilling. The partially finished basement would make a great family room that walks out to a sitting area and grassy backyard for enjoying those warmer nights ahead. The unit has been all freshly painted and has some new lighting, window blinds, bathroom faucets and mirrors, and brand new carpeting in all three bedrooms upstairs. The private laundry room with a newer washer and dryer are located in the unit's basement. The unit has central A/C and allows pets. Low monthly fee.
| |||
| Aug 31, 2018 | Sold | ||
| Sold | |||
| Jul 6, 2018 | Listed by Turbo Sell, Inc. | $149,900 | |
| Listed by Turbo Sell, Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/01/2021
|
3 Bed
|
2 Bath
|
1144 ft²
|
$219,999
3 Bed
2 Bath
1144 ft²
|
$226,000
+2.73%
04/23/2021
|
Deborah Dion
Keller Williams South Watuppa
| |
|
10/01/2020
|
3 Bed
|
2 Bath
|
1144 ft²
|
$199,900
3 Bed
2 Bath
1144 ft²
|
$215,000
+7.55%
12/11/2020
|
Andre Cunha
Keller Williams South Watuppa
| |
|
03/29/2020
|
3 Bed
|
1 Bath
|
1144 ft²
|
$149,999
3 Bed
1 Bath
1144 ft²
|
$120,000
-20.00%
05/15/2020
|
Debra Torres
Keller Williams Coastal
| |
|
07/06/2018
|
3 Bed
|
2 Bath
|
1144 ft²
|
$149,900
3 Bed
2 Bath
1144 ft²
|
$150,000
+0.07%
08/31/2018
|
CHARLES ROBERTS
ROBERTS ASSOCIATES
| |
|
04/08/2010
|
3 Bed
|
1 Bath
|
1166 ft²
|
$180,000
3 Bed
1 Bath
1166 ft²
|
-
-
|
Karen McLinden
Beautiful Day Real Estate
| |
|
06/24/2005
|
3 Bed
|
1 Bath
|
1200 ft²
|
$219,900
3 Bed
1 Bath
1200 ft²
|
$214,900
-2.27%
09/16/2005
|
Joseph Pavao
Century 21 North Shore
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017