718 Azalea Drive #457
About This Property
The manager has listed the unit size as 1198 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 |
|---|---|---|---|
| Jun 3, 2024 | No longer available | - | |
| No longer available | |||
| Feb 2, 2024 | Price Decreased |
$225,000
↓ $5K
(2.2%) | |
| Price Decreased | |||
| Dec 9, 2023 | Price Decreased |
$230,000
↓ $5K
(2.1%) | |
| Price Decreased | |||
| Nov 8, 2023 | Listed | $235,000 | |
| Listed | |||
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