52 Tea Party Circle #521
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 |
|---|---|---|---|
| Oct 15, 2020 | Sold | ||
| Sold | |||
| Jul 20, 2019 | Listed by Fafard Real Estate | $415,990 | |
| Listed by Fafard Real Estate | |||
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To be built- A Ranch Plus model w/open concept kitchen/living room/dining room, separate family room open to sunroom, master suite with full bath and walk-in closet, laundry, 2nd bedroom, and 2 car garage. New price Includes our level 1 designer kitchen, with cook top & hood, wall oven & built in microwave, stainless kitchen sink with high-arc faucet, AND-a premier package of hardwood floors, kitchen has xtra cabinetry, central air and humidifier, covered front porch. Great location close to all major routes yet in a quiet, wooded setting adjacent to Chaffin pond. HOA includes lawn care, trash & snow removal.
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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 |
|---|---|---|---|---|---|---|---|
|
07/20/2019
|
2 Bed
|
2 Bath
|
1710 ft²
|
$415,990
2 Bed
2 Bath
1710 ft²
|
$402,940
-3.14%
10/15/2020
|
Madlyn Fafard
Fafard Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017