607 Flanders M #607
About This Property
The manager has listed the unit size as 907 square feet.
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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 |
|---|---|---|---|
| Apr 10, 2020 | Sold | ||
| Sold | |||
| Oct 6, 2019 | Listed | $89,900 | |
| Listed | |||
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Gorgeous unit with amazing view of the golf course and water! Tile throughout of the unit, both bathroom are remodeled, updated kitchen with beautiful cabinets and granite countertop, walk-in closet, brand new washer & dryer and shutters in all windows and balcony. Enjoy the amenities in the desirable Kings Point Active Adult community as a pool, tennis, exercise room, movies, golf course, restaurant, social events and more. Manned gate, security features, and a courtesy shuttle for your comfort and convenience. If you are looking for a home this one will be perfect for you. Ready to move-in and enjoy the view from the privacy of your balcony.
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| Oct 3, 2019 | No longer available | - | |
| No longer available | |||
| Apr 2, 2019 | Listed | $109,900 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/06/2019
|
2 Bed
|
2 Bath
|
907 ft²
|
$89,900
2 Bed
2 Bath
907 ft²
|
$80,000
-11.01%
04/10/2020
|
Valeria Freitas
Partnership Realty Inc.
| |
|
04/02/2019
|
2 Bed
|
2 Bath
|
907 ft²
|
$109,900
2 Bed
2 Bath
907 ft²
|
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-
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Building Info
About Kings Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017