602 BAHIA CIRCLE #A
About This Property
The manager has listed the unit size as 1189 square feet.
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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 |
|---|---|---|---|
| Jul 5, 2022 | Sold | ||
| Sold | |||
| May 27, 2022 | Listed | $157,000 | |
| Listed | |||
| | |||
|
Hard to find 2/2 ground floor condo with no overhead neighbors. Spacious 1189 sq ft plus an outdoor patio and storage closet. New roof and water heater in 2019. A/C is approximately 7 years old. Recently remodeled light and bright kitchen with granite countertops and new stainless steel range and refrigerator. Freshly painted with new vinyl plank flooring in the living area and new carpet in the bedrooms. Large master bedroom with a walk-in closet. Washer and dryer also included. Located in an all ages complex with a large community pool. This unit is positioned at the end of the complex with a wooded buffer at the edge of the parking lot providing more privacy. Low $210 monthly fee includes cable TV. A great opportunity to purchase one of the few end units in the area. Approximately 1 mile to Walmart, restaurants and community center with heated pool and numerous activities.
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| Apr 3, 2021 | No longer available | - | |
| No longer available | |||
| Mar 16, 2021 | Listed | $87,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/27/2022
|
2 Bed
|
2 Bath
|
1189 ft²
|
$157,000
2 Bed
2 Bath
1189 ft²
|
$157,000
07/05/2022
|
Kathy Carpenter
FOXFIRE REALTY
| |
|
03/16/2021
|
2 Bed
|
2 Bath
|
1189 ft²
|
$87,000
2 Bed
2 Bath
1189 ft²
|
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017