53 Mitchell Drive #53
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 |
|---|---|---|---|
| Jun 16, 2022 | Sold | ||
| Sold | |||
| Apr 28, 2022 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $197,000 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
| | |||
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WELCOME HOME to maintenance free living! Meticulously maintained garden style condo w/1 Car Garage that is ideal whether you are just starting out or looking to downsize! This condo offers a Charming & Efficient Galley Kitchen w/Tile Floors & Updated Sleek Appliances remaining for the lucky Buyer along w/a cozy Dining Nook. Off the kitchen area you’ll find a spacious Living Rm w/Stylish Laminate Flooring & Ceiling Fan. The hallway leads to 3 generous size Bedrooms w/Plenty of Closet Space along with a sparkling & updated Full Bath. Outside offers a private patio area to enjoy early morning coffee or entertain your guests for an outdoor BBQ! A real bonus is your In-Unit Laundry & Gas Heat! Your carefree living begins right here in this wonderful condo nestled close to highways, amenities and nearby pool or tennis courts. Join us this weekend at our Open Houses on Saturday, April 30th 11-1pm or Sunday May 1st from 1-3pm! Here's Your Opportunity to Make an Offer on your new condo!
| |||
| Jan 31, 2005 | Sold | ||
| Sold | |||
| Oct 5, 2004 | Listed by Coldwell Banker Residential Brokerage - Chicopee | $121,500 | |
| Listed by Coldwell Banker Residential Brokerage - Chicopee | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/28/2022
|
3 Bed
|
1 Bath
|
963 ft²
|
$197,000
3 Bed
1 Bath
963 ft²
|
$197,000
06/16/2022
|
Esther Hayes
Real Living Realty Professionals, LLC
| |
|
10/05/2004
|
3 Bed
|
1 Bath
|
970 ft²
|
$121,500
3 Bed
1 Bath
970 ft²
|
$119,500
-1.65%
01/31/2005
|
Carol Ann O Brien
Century 21 Carole White
| |
|
09/26/2000
|
3 Bed
|
1 Bath
|
970 ft²
|
$86,500
3 Bed
1 Bath
970 ft²
|
$87,000
+0.58%
05/16/2001
|
Bette Lord-Hess
ERA M Connie Laplante
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017