5 SE Concourse Drive #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%.
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 |
|---|---|---|---|
| Jul 24, 2015 | Sold | ||
| Sold | |||
| Mar 5, 2015 | Listed by Illustrated Properties LLC (Jupiter) | $189,900 | |
| Listed by Illustrated Properties LLC (Jupiter) | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/04/2024
|
2 Bed
|
2 Bath
|
1600 ft²
|
$449,000
2 Bed
2 Bath
1600 ft²
|
$429,000
-4.45%
08/30/2024
|
Susan Kippenberger
William Raveis South Florida
| |
|
03/17/2015
|
2 Bed
|
2 Bath
|
1400 ft²
|
$172,900
2 Bed
2 Bath
1400 ft²
|
$162,900
-5.78%
01/04/2016
|
Susan Kippenberger
William Raveis South Florida
| |
|
03/05/2015
|
3 Bed
|
2 Bath
|
1600 ft²
|
$189,900
3 Bed
2 Bath
1600 ft²
|
$182,500
-3.90%
07/24/2015
|
Susan Kippenberger
William Raveis South Florida
| |
|
01/28/2014
|
3 Bed
|
2 Bath
|
1600 ft²
|
$159,900
3 Bed
2 Bath
1600 ft²
|
$140,000
-12.45%
04/03/2014
|
Susan Kippenberger
William Raveis South Florida
|
Building Info
About Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017