6 Explorers 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 |
|---|---|---|---|
| Sep 5, 2013 | Sold | ||
| Sold | |||
| Mar 25, 2013 | Listed by RE/MAX Vision | $270,000 | |
| Listed by RE/MAX Vision | |||
| | |||
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PRICE REDUCED! A very spacious townhouse at Village at Westminster Place, now offered at an expecially appealing price. This unit is "like new The basement has sliders to yard and above grade windows, ready to be finished to additional living space. Hardwood, ceramic, and carpeted floors. Fireplaced. master suite, garage, jacuzzi, central vac, netural decor.. This townhouse located in Westminster's desirable 55 + community is ready to move in.
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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 |
|---|---|---|---|---|---|---|---|
|
03/25/2013
|
2 Bed
|
3 Bath
|
2064 ft²
|
$270,000
2 Bed
3 Bath
2064 ft²
|
$267,500
-0.93%
09/05/2013
|
Philip Jordan
Walsh and Associates Real Estate
| |
|
06/25/2008
|
1 Bed
|
2 Bath
|
1550 ft²
|
$269,990
1 Bed
2 Bath
1550 ft²
|
$270,000
+0.00%
09/29/2010
|
Timothy Long
Paramount Properties LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017