694 Outer Drive #184
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 |
|---|---|---|---|
| Jan 10, 2024 | Sold | ||
| Sold | |||
| Nov 22, 2023 | Listed by LaRocque & Co., Realtors | $299,900 | |
| Listed by LaRocque & Co., Realtors | |||
| |||
|
All Gas Cooking,Fireplace too !Your sure to love this senior community where you own the land.This 4 bedroom home also has 3 full baths.,two living areas,two places to dine.The enclosed patio has a nice view of the garden.Workshop and garden is a pleasure all its own with exotic plants and fruit trees.Hoa fees are low and include cable,internet,lawncare and security.RV and boat parking are complimentary.Watch rocket launches from home ,Christmas tree is already there.
| |||
| Feb 1, 2016 | Sold | ||
| Sold | |||
| Mar 9, 2015 | Listed by NextHome Platinum | $69,900 | |
| Listed by NextHome Platinum | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/22/2023
|
4 Bed
|
3 Bath
|
2358 ft²
|
$299,900
4 Bed
3 Bath
2358 ft²
|
$318,000
+6.04%
01/10/2024
|
Janice Riley
LaRocque & Co., Realtors
| |
|
03/09/2015
|
4 Bed
|
3 Bath
|
2356 ft²
|
$69,900
4 Bed
3 Bath
2356 ft²
|
$62,000
-11.30%
02/01/2016
|
William Kehoe
KEHOE REAL ESTATE SERVICES
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017