581 Durham U #581
About This Property
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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 |
|---|---|---|---|
| Apr 14, 2017 | Sold | ||
| Sold | |||
| Jan 7, 2017 | Listed by RE/MAX Complete Solutions | $74,500 | |
| Listed by RE/MAX Complete Solutions | |||
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BEST LOCATION IN THE VILLAGE first floor C O R N E R 2 bedrooms 1,5 bathrooms IN DURHAM U, MAGNIFICENT WATER VIEW FROM THE ENCLOSED PATIO, DOOR TO STEPS OUT to enjoy the Nature !, TILED throughout, fully furnished, new STAINLESS STEEL APPLIANCES, privacy window treatment.. A/C AND EATER HEATER REPLACED IN 2014, 3 MILES to Deerfield beach, steps to POOL and MILLION DOLLAR CLUBHOUSE, with fitness center, theater, tennis, shuffleboard, library, restaurant, Guard gated, community CLAIMS 55+ FREE BUS SERV.
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| Apr 18, 2014 | Sold | ||
| Sold | |||
| Nov 7, 2013 | Listed by Century Village Real Estate | $49,900 | |
| Listed by Century Village Real Estate | |||
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Association Claims 55+. Freshly painted corner 2 bedroom on first floor, brand new carpet, light fixtures, and toilets, water view, enclosed patio, cross the street and you're in our fabulous clubhouse.
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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 |
|---|---|---|---|---|---|---|---|
|
01/07/2017
|
2 Bed
|
2 Bath
|
820 ft²
|
$74,500
2 Bed
2 Bath
820 ft²
|
$67,500
-9.40%
04/14/2017
|
Liz Cline
Bailey Woodruff Real Estate
| |
|
11/07/2013
|
2 Bed
|
2 Bath
|
850 ft²
|
$49,900
2 Bed
2 Bath
850 ft²
|
$39,000
-21.84%
04/18/2014
|
Barbara Mikovits
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017