70 E Milestone Drive #C
About This Property
The manager has listed the unit size as 1182 square feet.
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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 |
|---|---|---|---|
| Oct 18, 2023 | No longer available | - | |
| No longer available | |||
| Oct 14, 2023 | Listed | $839,000 | |
| Listed | |||
| | |||
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THIS HOME OFFERS AN ASSUMABLE MORTGAGE AT 3.375% and is a RENTAL MACHINE with gross rentals of $88,000+ YTD for 2023. Where personal enjoyment and a PRIME investment opportunity perfectly merge together, you'll find ''Docks Orders'' on 30A. Just 3 minutes to the white sandy beaches, this 2-bedroom residence features a thoughtful split floorpan design offering an attached 1-car garage, full-length, screened-in balcony, and fully-furnished, turn-key!Upon entry into the home, notice the beautiful, open concept, coastal design with 10-foot tray ceilings and hardwood floors throughout. The fully equipped kitchen features quartz countertops that are accented by the on-trend subway tile backsplash, a stainless steel appliance package, gas cooktop, and breakfast bar seating. The manager has listed the unit size as 1182 square feet.
| |||
| Apr 4, 2023 | No longer available | - | |
| No longer available | |||
| Feb 19, 2023 | Listed | $859,000 | |
| Listed | |||
| May 11, 2021 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/14/2023
|
2 Bed
|
2 Bath
|
1182 ft²
|
$839,000
2 Bed
2 Bath
1182 ft²
|
-
-
|
Carly K Sostheim
Corcoran Reverie SRB
| |
|
02/19/2023
|
2 Bed
|
2 Bath
|
1182 ft²
|
$859,000
2 Bed
2 Bath
1182 ft²
|
-
-
|
Carly K Sostheim
Corcoran Reverie SRB
| |
|
04/06/2021
|
2 Bed
|
2 Bath
|
1182 ft²
|
$680,000
2 Bed
2 Bath
1182 ft²
|
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-
|
-
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017