7975 Margate Blvd #205
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 |
|---|---|---|---|
| Aug 29, 2019 | No longer available | - | |
| No longer available | |||
| Jul 8, 2019 | Price Decreased |
$129,900
↓ $5K
(3.7%) | |
| Price Decreased | |||
| Jun 21, 2019 | Listed | $134,900 | |
| Listed | |||
| May 26, 2017 | Sold | ||
| Sold | |||
| Mar 10, 2017 | Listed | $110,000 | |
| Listed | |||
| | |||
|
ALL AGES COMMUNITY...Large Unit at a Great Price! This Unit offers everything Eat in Kitchen, Wood Floors in Living Area and Bedrooms , Spacious Living/Dining Area, Both Bedrooms are nice size all this with Enclosed Patio with Garden View. Very Easy Approval with Low Maintenance Fees making them a Great Buy.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/23/2024
|
2 Bed
|
2 Bath
|
1000 ft²
|
$205,000
2 Bed
2 Bath
1000 ft²
|
$205,000
03/12/2025
|
AMANDA COWAN
ALL HOMES REALTY, INC
| |
|
06/21/2019
|
2 Bed
|
2 Bath
|
-
|
$134,900
2 Bed
2 Bath
|
-
-
|
Javad YazdanParast, PA
United Realty Group Inc
| |
|
03/06/2019
|
2 Bed
|
2 Bath
|
1000 ft²
|
$120,000
2 Bed
2 Bath
1000 ft²
|
$120,000
07/29/2019
|
Monique Tellado
United Realty Group Inc
| |
|
03/10/2017
|
2 Bed
|
2 Bath
|
1000 ft²
|
$110,000
2 Bed
2 Bath
1000 ft²
|
$105,000
-4.55%
05/26/2017
|
Monique Tellado
United Realty Group Inc
| |
|
07/11/2006
|
2 Bed
|
2 Bath
|
-
|
$135,000
2 Bed
2 Bath
|
$128,000
-5.19%
08/28/2006
|
Betty Twyman
EWM Realty International
|
Building Info
About Palm Springs Condominiums
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017