708 Laconia Circle #708
About This Property
Covered Bridge is an Active 55 community with Clubhouse, Pool, Shuffleboard, Tennis. Close to Shopping Restaurants
Small Dog ok!
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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 |
|---|---|---|---|
| Jan 5, 2023 | Sold | ||
| Sold | |||
| Dec 1, 2022 | Listed by Keller Williams Realty - Wellington | $215,000 | |
| Listed by Keller Williams Realty - Wellington | |||
| |||
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Welcome to Covered Bridge... an Active 55+ community with Clubhouse, Pool, Shuffleboard, Tennis. Close to shopping and restaurants and small dog friendly. Minutes to the beach or equestrian activities. This home is neat as a pin and lovingly cared for. Knockdown ceilings, crown moldings, and new laminate in the bedrooms are the perfect start to making this place your own. Also has a nice patio to enjoy the outdoors day or night. Plenty of guest parking too!
| |||
| Jul 21, 2017 | Sold | ||
| Sold | |||
| Jun 27, 2017 | Listed by Allegiance Realty Services Inc | $114,000 | |
| Listed by Allegiance Realty Services Inc | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/01/2022
|
2 Bed
|
2 Bath
|
941 ft²
|
$215,000
2 Bed
2 Bath
941 ft²
|
$210,000
-2.33%
01/05/2023
|
Jennifer Wilder
Keller Williams Realty - Welli
| |
|
06/27/2017
|
2 Bed
|
2 Bath
|
941 ft²
|
$114,000
2 Bed
2 Bath
941 ft²
|
$107,000
-6.14%
07/21/2017
|
Glo Pino
Re/Max Direct
|
Building Info
About Covered Bridge Condominiums
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017