65 Castlegate Dr. #A
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%.
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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 |
|---|---|---|---|
| Jun 4, 2021 | Sold | ||
| Sold | |||
| Apr 9, 2021 | Listed by Lock and Key Realty Inc. | $185,000 | |
| Listed by Lock and Key Realty Inc. | |||
| Jan 14, 2013 | Sold | ||
| Sold | |||
| Sep 18, 2012 | Listed by Coldwell Banker Realty - Longmeadow | $105,000 | |
| Listed by Coldwell Banker Realty - Longmeadow | |||
| | |||
|
2 bedroom, 1.5 ba. Garden condo w/handicapped accessible features. This is a Fannie Mae property, utilities may be turned on for inspections at buyer cost. All offers are to be submitted with proof of funds. Per seller guidlines seller will only accept offers at or above the appraised value of $105,0000, EMD to be equal to 10% of the offer price for cash offers. This property is sold in "AS-IS" condition and is subject to bank addenda. This property is being sold subject to 24 CFR 206.125
| |||
| May 28, 1993 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/09/2021
|
2 Bed
|
2 Bath
|
1781 ft²
|
$185,000
2 Bed
2 Bath
1781 ft²
|
$205,000
+10.81%
06/04/2021
|
Patriot Living Group
Lock and Key Realty Inc.
| |
|
09/18/2012
|
2 Bed
|
1 Bath
|
1781 ft²
|
$105,000
2 Bed
1 Bath
1781 ft²
|
$105,000
01/14/2013
|
Carlos Dos Santos Jr.
Ideal Real Estate - Chicopee
| |
|
07/07/2004
|
2 Bed
|
2 Bath
|
-
|
$122,500
2 Bed
2 Bath
|
$123,000
+0.41%
11/30/2004
|
Kathleen Neilsen
Keller Williams Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017