709 N Collins Freeway #223
About This Property
This pet-friendly community includes an activity center, a barbecue area, a clubhouse, laundry facilities, a playground, and a swimming pool. On-site management and maintenance services operate out of the community office, providing professional customer care to all residents.
The manager has listed the unit size as 1350 square feet.
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Cap Rate Calculator
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 16, 2024 | No longer available | - | |
| No longer available | |||
| Dec 20, 2023 | Listed | $68,900 | |
| Listed | |||
| Dec 3, 2023 | No longer available | - | |
| No longer available | |||
| Dec 2, 2023 | Price Decreased |
$69,900
↓ $5K
(6.7%) | |
| Price Decreased | |||
| Jul 21, 2023 | Price Decreased |
$74,900
↓ $5K
(6.3%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/20/2023
|
3 Bed
|
2 Bath
|
1350 ft²
|
$68,900
3 Bed
2 Bath
1350 ft²
|
-
-
|
Nicole Donaho
Homes By Lainie Real Estate Group
| |
|
06/03/2023
|
3 Bed
|
2 Bath
|
1350 ft²
|
$86,900
3 Bed
2 Bath
1350 ft²
|
-
-
|
Nicole Donaho
Homes By Lainie Real Estate Group
| |
|
11/19/2022
|
4 Bed
|
2 Bath
|
1260 ft²
|
$73,900
4 Bed
2 Bath
1260 ft²
|
-
-
|
Tonya Glasco
3g Mobile Homes
|
Building Info
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017