718 Azalea Drive #456
About This Property
Beyond being a residence, this property presents an investment opportunity, encapsulating the essence of the coveted Hampstead lifestyle. Schedule your showing today!
The manager has listed the unit size as 1254 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 21, 2024 | No longer available | - | |
| No longer available | |||
| Dec 21, 2023 | In contract | - | |
| In contract | |||
| Nov 27, 2023 | Listed | $240,000 | |
| Listed | |||
| Oct 26, 2021 | No longer available | - | |
| No longer available | |||
| Oct 14, 2021 | Listed | $172,900 | |
| Listed | |||
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Super cute, nicely updated Plantation Pointe villa overlooks the newly opened Ironclad Golf Course (formerly Belvedere Golf Course). Enjoy the pond and course views from the large screened porch (with panels for enclosure to allow enjoyment during cooler times of the year). LOW property taxes, and the HOA covers the Master Insurance policy. This second floor unit features a really pretty updated Kitchen with island and lots of cabinets...which is open to the Great Room and Dining Room. There are two nicely updated baths. Master Bath has dual vanities, a skylight which lets the natural light flood in built-ins and oversized custom shower! New LVP flooring in kitchen and second bath, new countertops in kitchen, vaulted ceilings, 2 year old stainless steel appliances, Heat pump new in 2019, 72'' ceiling fan, and a large Master Suite with its own sliding door access to the screened porch. There is also a large covered front porch with storage closet. Fantastic rental potential. Don't hesitate, as this one will be gone quick! The carpet is in good shape, however the seller is even throwing in a $2000 carpet allowance! The manager has listed the unit size as 1256 square feet.
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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 |
|---|---|---|---|---|---|---|---|
|
11/27/2023
|
2 Bed
|
2 Bath
|
1254 ft²
|
$240,000
2 Bed
2 Bath
1254 ft²
|
-
-
|
Alyssa Leclair
Coldwell Banker Sea Coast Advantage-Hampstead
| |
|
11/08/2023
|
2 Bed
|
2 Bath
|
1198 ft²
|
$235,000
2 Bed
2 Bath
1198 ft²
|
-
-
|
Katie Ann Batson
Teresa Batts Real Estate, LLC
| |
|
10/18/2022
|
2 Bed
|
2 Bath
|
1216 ft²
|
$198,500
2 Bed
2 Bath
1216 ft²
|
$195,000
-1.76%
11/28/2022
|
Shane Register Team
Coldwell Banker Sea Coast Advantage
| |
|
11/26/2021
|
2 Bed
|
2 Bath
|
1230 ft²
|
$180,000
2 Bed
2 Bath
1230 ft²
|
-
-
|
Diane M Castro-Perez
Coldwell Banker Sea Coast Advantage - Jacksonville
| |
|
10/14/2021
|
2 Bed
|
2 Bath
|
1256 ft²
|
$172,900
2 Bed
2 Bath
1256 ft²
|
-
-
|
Cheryl A Schmidt
RE/MAX Essential
| |
|
07/16/2021
|
2 Bed
|
2 Bath
|
1256 ft²
|
$169,900
2 Bed
2 Bath
1256 ft²
|
-
-
|
David M Woolard
Lewis Realty
| |
|
05/25/2021
|
2 Bed
|
2 Bath
|
1224 ft²
|
$145,000
2 Bed
2 Bath
1224 ft²
|
$155,000
+6.90%
07/13/2021
|
Cheryl A Schmidt
| |
|
09/24/2020
|
2 Bed
|
2 Bath
|
1271 ft²
|
$165,000
2 Bed
2 Bath
1271 ft²
|
$156,000
-5.45%
11/20/2020
|
Lowe's Coastal Realty Group
| |
|
07/01/2020
|
2 Bed
|
2 Bath
|
1256 ft²
|
$143,000
2 Bed
2 Bath
1256 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017