715 Outer Drive #117
About This Property
The manager has listed the unit size as 1920 square feet.
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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 22, 2021 | Sold | ||
| Sold | |||
| Feb 2, 2021 | No longer available | - | |
| No longer available | |||
| Feb 1, 2021 | Listed | $170,000 | |
| Listed | |||
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Ready to fall in love? This immaculate and move-in ready, 3 bedroom, 2 bathroom, large carport w/shed home is just IMPRESSIVE! With over 1,900 sf of living space, private and quiet back yard, large split-floor plan, and everything New....ROOF (2019), SCREENED PORCH (2018), WATER HEATER (2017), AC (2016)....this is one you do not want to miss! From the moment you enter you will be taken back by the light and bright open living space, grand kitchen w/ large island and seating for 4, separate dining area, and 2nd living area w/ back yard view! This home has it all – cathedral ceilings, tons of storage space, two expansive living areas, upgraded 6-panel interior doors, upgraded glass shower enclosures, tile and carpet throughout (no laminate or vinyl flooring here!), and full laundry room. The The
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| Oct 6, 2020 | Price Decreased |
$184,900
↓ $4K
(2.2%) | |
| Price Decreased | |||
| Sep 15, 2020 | Price Decreased |
$189,000
↓ $6K
(3.1%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/10/2020
|
3 Bed
|
2 Bath
|
1920 ft²
|
$195,000
3 Bed
2 Bath
1920 ft²
|
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Building Info
About Cocoa
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017