7 Hydrangea Lane #783
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 21, 2021 | Sold | ||
| Sold | |||
| Nov 21, 2020 | Listed by New Seabury Sotheby's International Realty | $505,000 | |
| Listed by New Seabury Sotheby's International Realty | |||
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TMaushop Village at New Seabury! This newly renovated 2 bedroom condo is just steps away from your deeded sandy beach on Nantucket Sound. The condo features an open floor plan on the 1st level with a spacious kitchen/dining/family room layout, half bath, granite counter tops, refinished flooring, bead board walls. The 2nd floor features 2 bedrooms both with walkout balconies and a shared full bath. The condo is walking distance to the shops and restaurants at New Seabury, the Popponesset Inn for lunch and dinner and the Country Club. This condo is a must see!
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| Jun 24, 2020 | Sold | ||
| Sold | |||
| Feb 25, 2020 | Listed by New Seabury Sotheby's International Realty | $439,000 | |
| Listed by New Seabury Sotheby's International Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/21/2020
|
2 Bed
|
2 Bath
|
840 ft²
|
$505,000
2 Bed
2 Bath
840 ft²
|
$487,500
-3.47%
01/21/2021
|
Mark Thompson
Molyneux Realty
| |
|
11/20/2020
| |
2 Bed
|
2 Bath
|
840 ft²
|
$505,000
2 Bed
2 Bath
840 ft²
|
-
-
|
-
|
|
02/25/2020
|
2 Bed
|
2 Bath
|
840 ft²
|
$439,000
2 Bed
2 Bath
840 ft²
|
$425,000
-3.19%
06/24/2020
|
Mark Thompson
Molyneux Realty
| |
|
02/25/2020
| |
2 Bed
|
2 Bath
|
840 ft²
|
$439,000
2 Bed
2 Bath
840 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017