6 Danforth Way #6
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 |
|---|---|---|---|
| Aug 18, 2016 | Sold | ||
| Sold | |||
| May 18, 2016 | Listed by RE/MAX Executive Realty | $274,900 | |
| Listed by RE/MAX Executive Realty | |||
| Feb 20, 2013 | Sold | ||
| Sold | |||
| Jan 16, 2013 | Listed by Costello Realty | $235,000 | |
| Listed by Costello Realty | |||
| | |||
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Commuters will love this location in desirable Forge Hill Condominium available for immediate occupancy. Hardwoods in the family room and dining room, kitchen with new tile floor, and counter tops. Upgraded gas heating system and newer windows. Fully applianced kitchen, loft area overlooking family room with cathedral ceiling. Master has private bath. Basement has access to exterior with plenty of storage space. 5 minutes to 495, or Rt. 140. Convenience and easy living.
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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 |
|---|---|---|---|---|---|---|---|
|
05/18/2016
|
2 Bed
|
3 Bath
|
1695 ft²
|
$274,900
2 Bed
3 Bath
1695 ft²
|
$277,800
+1.05%
08/18/2016
|
Susan Morrison
RE/MAX Executive Realty
| |
|
01/16/2013
|
2 Bed
|
3 Bath
|
1645 ft²
|
$235,000
2 Bed
3 Bath
1645 ft²
|
$232,500
-1.06%
02/20/2013
|
Florence Byrnes
Costello Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017