76 Cove Blvd #E5
About This Property
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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 |
|---|---|---|---|
| Oct 6, 2022 | No longer available | - | |
| No longer available | |||
| Oct 4, 2022 | Sold | ||
| Sold | |||
| Aug 21, 2022 | In contract | - | |
| In contract | |||
| Aug 17, 2022 | Listed by Slifer Smith & Frampton R.E. | $550,000 | |
| Listed by Slifer Smith & Frampton R.E. | |||
| | |||
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Remodeled one-bedroom condo with great natural light, open kitchen with granite countertops, dining room space, woodgrain tile throughout, a gas fireplace, in-unit laundry, large patio, and assigned parking. A central location at the base of Swan Mountain makes it easy to get to the ski areas, Lake Dillon, hiking, biking, shopping, and dining. Well-run HOA. A bus stop is located near the complex. The manager has listed the unit size as 625 square feet.
| |||
| Jul 30, 2020 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/17/2022
|
1 Bed
|
1 Bath
|
625 ft²
|
$550,000
1 Bed
1 Bath
625 ft²
|
$551,785
+0.32%
10/04/2022
|
Mark Baumann
Slifer Smith & Frampton R.E.
| |
|
05/30/2020
|
1 Bed
|
1 Bath
|
625 ft²
|
$342,500
1 Bed
1 Bath
625 ft²
|
$345,000
+0.73%
07/30/2020
|
Ned Walley
Nelson Walley Real Estate, LLC
| |
|
10/05/2018
|
2 Bed
|
2 Bath
|
1134 ft²
|
$430,000
2 Bed
2 Bath
1134 ft²
|
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017