75 Azalea CIR #204
About This Property
The manager has listed the unit size as 1024 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%.
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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 |
|---|---|---|---|
| Jul 5, 2022 | No longer available | - | |
| No longer available | |||
| Jun 25, 2022 | Price Decreased |
$319,500
↓ $10K
(3%) | |
| Price Decreased | |||
| May 17, 2022 | Price Decreased |
$329,500
↓ $10K
(3%) | |
| Price Decreased | |||
| Mar 28, 2022 | Listed | $339,500 | |
| Listed | |||
| | |||
|
Beautifully updated 2 bedroom, 2 bath waterfront condominium. Gas log fireplace in the living room. Updated kitchen and flooring in 2016. Open floor plan. Big balcony overlooking the water and wooded undeveloped area owned by 4-H Center. POA dues include internet, basic cable, water and propane. Courtesy slips are available for use. Community waterfront swimming pool with amazing sunset views. Launch area for kayaks and kayak storage by the water. Basketball, tennis and pickle ball courts. Boat trailer parking area. Lake Forest private parking lot. Hot water heater replaced in 2015. Exterior ceiling fan added 2021, Parking lot resurfaced 2017. Building painted and tennis courts resurfaced in 2019. The manager has listed the unit size as 1024 square feet.
| |||
| Apr 24, 2021 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/28/2022
|
2 Bed
|
2 Bath
|
1024 ft²
|
$339,500
2 Bed
2 Bath
1024 ft²
|
-
-
|
TIMOTHY BASHAM
RE/MAX LAKEFRONT REALTY INC
| |
|
03/08/2022
|
2 Bed
|
2 Bath
|
1024 ft²
|
$325,000
2 Bed
2 Bath
1024 ft²
|
-
-
|
JANE SULLIVAN HORNE
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
| |
|
04/18/2021
|
2 Bed
|
2 Bath
|
1024 ft²
|
$269,900
2 Bed
2 Bath
1024 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017