550 Mohawk Drive #55
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 15, 2021 | Sold | ||
| Sold | |||
| Jun 3, 2021 | Listed by Coldwell Banker Realty 14 | $500,000 | |
| Listed by Coldwell Banker Realty 14 | |||
| | |||
|
This immaculate first floor end unit is move in ready. The home has new granite counters in the kitchen and bathrooms and a new kitchen sink. It has 9-foot ceilings, a gas fireplace, wood floors, 42-inch cabinets and an open floor plan. There’s plenty of storage in the two exterior storage closets. The reserved underground parking space is close to the unit. Great commuter access. Enjoy summer evenings on your private patio surrounded by trees overlooking a park like setting. Welcome home!
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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 |
|---|---|---|---|---|---|---|---|
|
04/30/2022
|
2 Bed
|
2 Bath
|
1109 ft²
|
$575,000
2 Bed
2 Bath
1109 ft²
|
$575,000
06/03/2022
|
Steven Noel
RE/MAX Alliance-Longmont
| |
|
02/10/2022
|
2 Bed
|
2 Bath
|
1109 ft²
|
$490,000
2 Bed
2 Bath
1109 ft²
|
$555,000
+13.27%
03/04/2022
|
CO-OP Non-IRES Agent
CO-OP Non-IRES
| |
|
06/03/2021
|
2 Bed
|
2 Bath
|
1109 ft²
|
$500,000
2 Bed
2 Bath
1109 ft²
|
$495,000
-1.00%
07/15/2021
|
Deborah Pixler
Coldwell Banker Realty-Boulder
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017