522 Midway DRIVE #A
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 |
|---|---|---|---|
| Dec 15, 2022 | Sold | ||
| Sold | |||
| Oct 14, 2022 | Listed by LOCAL REALTY SERVICES LLC | $128,500 | |
| Listed by LOCAL REALTY SERVICES LLC | |||
| Sep 8, 2021 | Sold | ||
| Sold | |||
| Jun 25, 2021 | Listed by WEICHERT REALTORS HALLMARK PRO | $88,000 | |
| Listed by WEICHERT REALTORS HALLMARK PRO | |||
| | |||
|
Beautiful two bedroom two bath condo in the sought after area of Live Oak Village. This condo is a downstairs unit and comes almost fully furnished. Sit on the back porch and enjoy the picture view of the Shores version of the signature par 3 island 14th hole. New paint, new fixtures, and plenty of amenities including a swimming pool, a fitness center, outside pest control, exterior maintenance including painting, pressure washing, trash pickup, common area maintenance and basic cable is included. This condo is move in ready and waiting for you.
| |||
| Oct 25, 2010 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/14/2022
|
2 Bed
|
2 Bath
|
1138 ft²
|
$128,500
2 Bed
2 Bath
1138 ft²
|
$128,500
12/10/2022
|
Nancy Minch
LOCAL REALTY SERVICES LLC
| |
|
06/25/2021
|
2 Bed
|
2 Bath
|
1138 ft²
|
$88,000
2 Bed
2 Bath
1138 ft²
|
$91,000
+3.41%
08/23/2021
|
Michael DeCastro
WEICHERT REALTORS HALLMARK PRO
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017