70 Castlegate Drive #70
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 |
|---|---|---|---|
| Nov 12, 2024 | Sold | ||
| Sold | |||
| Sep 27, 2024 | In contract | - | |
| In contract | |||
| Sep 23, 2024 | Listed by Riley Home Realty, LLC | $230,000 | |
| Listed by Riley Home Realty, LLC | |||
| | |||
|
This beautiful townhouse condo is ready for its new owner. This home was well loved and it shows. All you have to do is move in! Convenient location that offers so much space and plenty of storage. Main level is an open concept plan with eat in kitchen, dining room/living room with a slider to the back deck. It also has a half bath off of the living room. This condo has 2 spacious bedrooms located on the 2nd floor along with a full bath and laundry hookup. The primary bedroom has a slider that brings in beautiful natural light and has a double closet. The large hallway window is gorgeous and brand new! It was just installed Sept 2024. We can't forget the bonus room in the basement. Other updates include a water heater (2017)and the AC unit and condenser were replaced (2021). Bring your decorative ideas and charm to this turn key gem. You don't want to miss this opportunity. Easy to show!!
| |||
| Aug 15, 1996 | Sold | ||
| Sold | |||
| Jun 21, 1996 | Listed | $73,500 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/23/2024
|
2 Bed
|
2 Bath
|
1828 ft²
|
$230,000
2 Bed
2 Bath
1828 ft²
|
$245,000
+6.52%
11/12/2024
|
Katherine Riley
Riley Home Realty, LLC
| |
|
06/21/1996
|
2 Bed
|
2 Bath
|
-
|
$73,500
2 Bed
2 Bath
|
$68,000
-7.48%
08/15/1996
|
Douglas Coombs
Coldwell Banker Realty - Longmeadow
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017