703 Emily Drive #703
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 |
|---|---|---|---|
| Sep 14, 2023 | Sold | ||
| Sold | |||
| May 11, 2023 | In contract | - | |
| In contract | |||
| Apr 11, 2023 | Listed by Douglas Elliman Real Estate | $525,703 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
|
****Diamond! Victorian Model******with updates throughout! Freshly painted, updated baths and flooring, two fireplaces and bonus loft!! "LOCATION"LOCATION" Desirable Bay Village Condo steps from the Bay! Beautiful views in a serene setting., Additional information: Appearance:Diamond
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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 |
|---|---|---|---|---|---|---|---|
|
04/11/2023
|
2 Bed
|
2 Bath
|
1640 ft²
|
$525,703
2 Bed
2 Bath
1640 ft²
|
$526,000
+0.06%
09/14/2023
|
Jo Boettcher
Douglas Elliman Real Estate
|
Building Info
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017