70 The Heights #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%.
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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 |
|---|---|---|---|
| Jun 17, 2019 | Sold | ||
| Sold | |||
| Jan 1, 2019 | Listed by Benchmark Cape Realty | $995,000 | |
| Listed by Benchmark Cape Realty | |||
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Custom built by MacKenzie Brothers and located in the prestigious Westgate community of Willowbend, this sophisticated open floor plan home features a chef's gourmet kitchen with Wolf, Sub-Zero and other high-quality appliances plus a tiered 9' island. Classic subway tile backsplash with task lighting, generous walk-in pantry and spacious eat-in area are among the many desirable attributes of this pristine home. As you enter the large foyer with vaulted ceiling, you are welcomed into the Great Room, which is sunny and stylish with 18' vaulted ceilings. It boasts built-in custom cabinetry, Bose sound system, flat panel TV and Sub-Zero wine cooler. It showcases an open staircase with loft above, plus an impressive gas fireplace with granite surround. Enjoy the tranquil views and access to the patio, gardens and golf course. Completing the entertainment space is an elegant formal dining room with coffered ceiling and French doors. The first floor also incorporates a lovely powder room.
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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 |
|---|---|---|---|---|---|---|---|
|
02/19/2020
| |
3 Bed
|
3 Bath
|
3838 ft²
|
$979,000
3 Bed
3 Bath
3838 ft²
|
$940,000
-3.98%
07/23/2020
|
Team Willowbend
Southworth Willowbend Real Estate, LLC
|
|
01/01/2019
|
3 Bed
|
4 Bath
|
3838 ft²
|
$995,000
3 Bed
4 Bath
3838 ft²
|
$930,000
-6.53%
06/17/2019
|
Debra Caney
Sotheby's International Realty
| |
|
06/07/2018
| |
3 Bed
|
4 Bath
|
3838 ft²
|
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3 Bed
4 Bath
3838 ft²
|
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017