52 Vail Drive #52
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 |
|---|---|---|---|
| Jan 31, 2017 | Sold | ||
| Sold | |||
| Jul 5, 2016 | Listed by William Raveis R.E. & Home Services | $429,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Better than new construction. Located in one of the most private locations within the community. Cul de sac away from the noise and dust of new construction! completely repainted interior, refinished hardwoods and all new carpets. This unit enjoys lots of natural light! Hardwoods in living, dining and kitchen. Three generous rooms upstairs. If you are looking for lots of space this is the one. Walkout basement for future expansion, whole house generator is hooked up to the propane source and switches on automatically when needed. Deck overlooks the woods. The new clubhouse (2016) has become a hub of activity. See attachment for activities. This is a truly "active" adult community.
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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 |
|---|---|---|---|---|---|---|---|
|
07/05/2016
|
2 Bed
|
3 Bath
|
2492 ft²
|
$429,000
2 Bed
3 Bath
2492 ft²
|
$417,500
-2.68%
01/31/2017
|
Marie Dickson
RE/MAX Executive Realty
| |
|
07/31/2007
| |
2 Bed
|
3 Bath
|
2100 ft²
|
$450,000
2 Bed
3 Bath
2100 ft²
|
$489,405
+8.76%
03/12/2008
|
Paul Simolari
RE/MAX Executive Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017