5812 Pointer Drive #101
About This Property
The manager has listed the unit size as 1134 square feet.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 4, 2023 | Sold | ||
| Sold | |||
| Dec 13, 2022 | Listed | $220,000 | |
| Listed | |||
| | |||
|
Recently updated first level, 2 bed, 2 bath condo with new countertops, tile backsplash, new flooring fresh paint, updated fixtures, new appliances, private deck, recently repaved parking lot, new porch entry all situated in a lovely community convenient to I-540 and I-440. Very close to restaurants and shops located along Falls of Neuse Road!
| |||
| Aug 29, 2022 | No longer available | - | |
| No longer available | |||
| Aug 4, 2022 | In contract | - | |
| In contract | |||
| Jul 20, 2022 | Listed | $210,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/17/2023
|
2 Bed
|
2 Bath
|
1134 ft²
|
$225,000
2 Bed
2 Bath
1134 ft²
|
$215,000
-4.44%
06/29/2023
|
Emily Massey
Massey Real Estate
| |
|
07/20/2022
|
2 Bed
|
2 Bath
|
1134 ft²
|
$210,000
2 Bed
2 Bath
1134 ft²
|
-
-
|
Emily Massey
Massey Real Estate
| |
|
02/13/2020
|
2 Bed
|
2 Bath
|
1098 ft²
|
$112,000
2 Bed
2 Bath
1098 ft²
|
$112,000
03/03/2020
|
Emily Massey
Massey Real Estate
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017