71 Appleton St #2
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%.
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 |
|---|---|---|---|
| Mar 5, 2021 | Sold | ||
| Sold | |||
| Oct 15, 2020 | Listed by Leading Edge Real Estate | $699,000 | |
| Listed by Leading Edge Real Estate | |||
| | |||
|
*LOW FEE* EASY TO SHOW* Sun-splashed Arlington Heights home. This two level condo feels like you are living in a single family house. Period woodwork detail includes French doors, bow windows, molding and ceiling beams. Large living room with bay window, deck with a bird-eye view of the neighborhood. Formal dining room with built-in hutch, eat-in-kitchen with granite counter and gas cooking, plus pantry. Sunroom makes for the perfect home office, playroom, or family room. Two bedrooms with deep closets on the first floor, plus updated tile bathroom. Upstairs find two more bedrooms. Master has a walk-in closet! Bonus finished basement for additional secluded work-from-home space, gaming, exercise room or any kind of private sanctuary. Unit's laundry hook-ups in the basement. Four parking spaces. Perfectly situated close to public transportation, wonderful food and coffee. Trader Joe’s is only 0.5 miles away, Arlington Reservoir 0.7 miles away. One pet welcome.
| |||
| Jul 15, 2016 | Sold | ||
| Sold | |||
| May 19, 2016 | Listed by RE/MAX Leading Edge | $525,000 | |
| Listed by RE/MAX Leading Edge | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/15/2020
|
4 Bed
|
1 Bath
|
1685 ft²
|
$699,000
4 Bed
1 Bath
1685 ft²
|
$675,000
-3.43%
03/05/2021
|
Stakem Team
Leading Edge Real Estate
| |
|
05/19/2016
|
4 Bed
|
1 Bath
|
1685 ft²
|
$525,000
4 Bed
1 Bath
1685 ft²
|
$525,000
07/15/2016
|
Susan Rudd
RE/MAX Leading Edge
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017