9
Map
7875 Margate Boulevard #101
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%.
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 |
|---|---|---|---|
| Jul 31, 2019 | Sold | ||
| Sold | |||
| Jul 21, 2019 | No longer available | - | |
| No longer available | |||
| Jul 19, 2019 | Listed by United Realty Group Inc | $129,900 | |
| Listed by United Realty Group Inc | |||
| Jun 6, 2019 | Price Decreased |
$129,900
↓ $5K
(3.8%) | |
| Price Decreased | |||
| May 23, 2019 | Listed by United Realty Group Inc | $135,000 | |
| Listed by United Realty Group Inc | |||
| | |||
|
Very Large Corner Unit in Highly Sought After Area All ages Community...Low HOA ...Features include a Spacious Living/Dining Combo ...Light & Bright with Tiled though out Living Areas.... Large Bedrooms Enclosed Patio with Nice water views great for Entertaining. Close to Everything Shopping..Transportation & Restaurants...This is a Resort Like Community Features a Community Pool, Clubhouse and Kids Play Area. A Must See! The manager has listed the unit size as 1000 square feet.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/22/2023
|
2 Bed
|
2 Bath
|
1000 ft²
|
$209,999
2 Bed
2 Bath
1000 ft²
|
-
-
|
Antonio Cabrera
JC Realty Group Inc.
| |
|
10/23/2022
|
2 Bed
|
2 Bath
|
1000 ft²
|
$219,999
2 Bed
2 Bath
1000 ft²
|
-
-
|
Antonio Cabrera
JC Realty Group Inc.
| |
|
06/12/2022
|
2 Bed
|
2 Bath
|
1000 ft²
|
$195,000
2 Bed
2 Bath
1000 ft²
|
$200,000
+2.56%
08/19/2022
|
Monique Tellado
United Realty Group, Inc
| |
|
05/23/2019
|
2 Bed
|
2 Bath
|
1000 ft²
|
$135,000
2 Bed
2 Bath
1000 ft²
|
$120,000
-11.11%
07/31/2019
|
Monique Tellado
United Realty Group Inc
| |
|
08/06/2015
|
2 Bed
|
2 Bath
|
1000 ft²
|
$55,000
2 Bed
2 Bath
1000 ft²
|
$50,000
-9.09%
12/11/2015
|
Stephen Engasser
EXP Realty LLC
| |
|
05/16/2015
|
2 Bed
|
2 Bath
|
1000 ft²
|
$60,000
2 Bed
2 Bath
1000 ft²
|
$60,000
09/21/2015
|
Monique Tellado
RE/MAX Park Creek Realty Inc
| |
|
02/24/2014
|
2 Bed
|
2 Bath
|
1000 ft²
|
$53,000
2 Bed
2 Bath
1000 ft²
|
$64,000
+20.75%
04/04/2014
|
Clare Dello Russo
United Realty Group Inc
| |
|
07/23/2012
|
2 Bed
|
2 Bath
|
1000 ft²
|
$46,500
2 Bed
2 Bath
1000 ft²
|
$40,000
-13.98%
10/05/2012
|
Craig A Green
Real Estate Asset Disp Corp.
| |
|
01/12/2012
|
2 Bed
|
2 Bath
|
1000 ft²
|
$47,500
2 Bed
2 Bath
1000 ft²
|
$43,000
-9.47%
03/09/2012
|
Sally R Areson
Divito Real Estate Group
|
Building Info
About Palm Springs Condominiums
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$2,995 /mo
- 3 Beds
- 2 Baths
- 1,776 ft²
$1,375 /mo
- 1 Bed
- 1 Bath
- 720 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017