1
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7 Mainsail Cir #7
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 |
|---|---|---|---|
| Jul 7, 2005 | Sold | ||
| Sold | |||
| Oct 26, 2004 | Listed by Kinlin Grover Compass | $372,000 | |
| Listed by Kinlin Grover Compass | |||
| | |||
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Nantucket style two level condo with first floor master and bath, dining room, living room with fireplace and skylight, spacious kitchen,laundry and half bath. Second bedroom and bath, den and loft family room. One car garage and full basement. This is in desirable Southport which is a 55+ Community that includes golf, tennis and swimming. Compensation is offered to agents working in a non-agency capacity at the same terms as listed under buyer agency.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/26/2004
|
2 Bed
|
3 Bath
|
1765 ft²
|
$372,000
2 Bed
3 Bath
1765 ft²
|
$368,000
-1.08%
07/07/2005
|
Susan Wheatley
Kinlin Grover Compass
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017