61 Rangeley Road #61
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 |
|---|---|---|---|
| May 31, 2017 | Sold | ||
| Sold | |||
| Apr 3, 2017 | Listed by Premier Realty Group | $499,900 | |
| Listed by Premier Realty Group | |||
| | |||
|
Finally a move-in condition, good-sized first floor two bedroom condo is here! Features include bright spacious living room, formal dining room, sun room used as an office; new appliances in eat-in Kitchen, one and half bathrooms with laundry in the unit. There is also a back porch and small green area for summer outdoor activities. Plus a garage space for winter snowy days. Huge, unfinished clean basement can be used for many possibilities. Newer heating system by gas, newer roof, newer maple wood floors throughout, new stainless steel appliances. This condo was extensively renovated about 10-15 years ago. This is the whole package for easy living and manageable low condo fees (split among two owners). Don't miss it.First showing Open House April 8 (Sat )and April 9 (Sun) 1-3.
| |||
| Sep 22, 2010 | Sold | ||
| Sold | |||
| Apr 10, 2010 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $389,900 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/03/2017
|
2 Bed
|
2 Bath
|
1245 ft²
|
$499,900
2 Bed
2 Bath
1245 ft²
|
$530,000
+6.02%
05/31/2017
|
Susie Hsu
Move2Boston Group, LLC
| |
|
04/10/2010
|
2 Bed
|
2 Bath
|
1245 ft²
|
$389,900
2 Bed
2 Bath
1245 ft²
|
$376,500
-3.44%
09/22/2010
|
Louis King
Berkshire Hathaway HomeServices Commonwealth Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017