5903 THREE IRON DRIVE #2001
About This Property
The manager has listed the unit size as 1633 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 |
|---|---|---|---|
| Feb 4, 2021 | No longer available | - | |
| No longer available | |||
| Feb 1, 2021 | Price Increased |
$315,000
↑ $6K
(1.9%) | |
| Price Increased | |||
| Dec 29, 2020 | Listed | $309,000 | |
| Listed | |||
| | |||
|
Beautifull first floor condo with attached 2 car garage! Impressive views of a serene lake, and the Savannah golf course from several windows. Exceptional amount of space between buildings set this unit apart from most. AC installed in 2019. New kitchen appliances and water heater. Move right in and enjoy! The Strand offers a friendly, active, and affordable Country Club lifestyle, complete with three beautifully maintained 9 hole golf courses, tennis, pickle ball, fitness center, and an impressive junior Olympic pool with lap lanes. It's convenient location with quick access to I-75,hospitals, and ample shopping/dining options make The Strand an obviously smart choice. All of this is also just a short drive away from sugar-sand Naples beaches. ! The manager has listed the unit size as 1633 square feet.
| |||
| Dec 1, 2020 | No longer available | - | |
| No longer available | |||
| Aug 21, 2020 | Listed | $309,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/11/2024
|
3 Bed
|
2 Bath
|
1633 ft²
|
$590,000
3 Bed
2 Bath
1633 ft²
|
$575,000
-2.54%
08/01/2024
|
Ileana Bogaert
Serhant
| |
|
08/21/2020
|
3 Bed
|
2 Bath
|
1633 ft²
|
$309,000
3 Bed
2 Bath
1633 ft²
|
-
-
|
-
| |
|
11/25/2019
|
3 Bed
|
2 Bath
|
1633 ft²
|
$299,000
3 Bed
2 Bath
1633 ft²
|
-
-
|
-
|
Building Info
About Urban Estates
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Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017