74 Simons Road #B
About This Property
The manager has listed the unit size as 1022 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 |
|---|---|---|---|
| May 17, 2024 | Sold | ||
| Sold | |||
| Apr 9, 2024 | In contract | - | |
| In contract | |||
| Mar 30, 2024 | Listed | $710,000 | |
| Listed | |||
| | |||
|
Seize this rare opportunity to buy a first floor villa overlooking the golf course and within walking distance of Willowbend's first-class club amenities! This pristine villa was renovated in 2020 with a new full bath and half bath, created in-unit laundry, recent new carpeting, tankless hot water heater and was re-furnished last year. This is the only one bedroom villa that offers an extra half bath, in-unit laundry, as well as two spacious storage rooms in the basement! This maintenance free villa is a perfect pied-a-terre and has a wonderful rental history. Buy it as a second home to enjoy all the Cape and Willowbend have to offer, or as an investment...or both! Being sold Turn-key so it is ready to enjoy!
| |||
| Dec 29, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 7, 2023 | Price Decreased |
$699,000
↓ $51K
(6.8%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/30/2024
|
1 Bed
|
2 Bath
|
1022 ft²
|
$710,000
1 Bed
2 Bath
1022 ft²
|
$700,000
-1.41%
05/17/2024
|
Team Willowbend
Southworth Willowbend RE, LLC
| |
|
09/01/2023
|
1 Bed
|
2 Bath
|
-
|
$749,900
1 Bed
2 Bath
|
-
-
|
Team Willowbend
Southworth Willowbend RE, LLC
| |
|
02/09/2020
|
1 Bed
|
1 Bath
|
1022 ft²
|
$425,000
1 Bed
1 Bath
1022 ft²
|
$412,500
-2.94%
06/29/2020
|
Team Willowbend
Southworth Willowbend RE, LLC
| |
|
03/02/2019
|
1 Bed
|
1 Bath
|
1022 ft²
|
$399,000
1 Bed
1 Bath
1022 ft²
|
-
-
|
-
| |
|
10/04/2017
|
1 Bed
|
1 Bath
|
1127 ft²
|
$367,500
1 Bed
1 Bath
1127 ft²
|
$355,000
-3.40%
11/21/2017
|
Eileen Peros
Southworth Willowbend Real Estate, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017