8 Quinns Way #8
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 9, 2020 | Sold | ||
| Sold | |||
| Aug 14, 2020 | Listed by Berkshire Hathaway HomeServices Robert Paul Properties | $639,000 | |
| Listed by Berkshire Hathaway HomeServices Robert Paul Properties | |||
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Overlooking the 14th tee of the New Seabury golf course, this luxury end unit in the Residences at South Cape Beach is an exceptional property. Offered fully furnished, except for a few personal possessions, this mint condition townhouse features 3 finished levels. The first floor features a front to back living room, sliders to a deck & the gas fireplace opens into both the living room and the kitchen. The combination kitchen/dining room features a large island, stainless steel appliances & a dining area. There is also a half bath and a bedroom with vaulted ceiling full bath. The second floor has a spacious loft with skylight & a second bedroom with a vaulted ceiling, full bath and a walk-in closet. With the exception of the bathrooms, the floors on the first & second floor are wood. There is a fully finished walk-out lower level with large family room with sliders to patio; also a wine fridge, sink, full bath & a home theatre with stadium seating. A first class property in every way.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/14/2020
|
2 Bed
|
4 Bath
|
2004 ft²
|
$639,000
2 Bed
4 Bath
2004 ft²
|
$625,000
-2.19%
10/09/2020
|
Bernard Klotz
Kinlin Grover Compass
| |
|
08/11/2020
| |
2 Bed
|
4 Bath
|
2004 ft²
|
$639,000
2 Bed
4 Bath
2004 ft²
|
$625,000
-2.19%
10/09/2020
|
Bernard W Klotz
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017