809 Gazebo Cir #809
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 |
|---|---|---|---|
| May 29, 2014 | Sold | ||
| Sold | |||
| Mar 13, 2014 | Listed by J. Barrett & Company | $275,000 | |
| Listed by J. Barrett & Company | |||
| | |||
|
Desirable Summit Village-spacious one bedroom, with one and half baths. Corner unit with garage. Eat in kitchen with sliders to private balcony. Gas fireplace living room. Large master-bedroom with oversized walk-in closet. Has the potential to add additional space. Central AC and laundry in unit. Meticulously maintained throughout and conveniently located to major highways, shopping, and the Reading and Wakefield commuter rails. Easy to show!
| |||
| Mar 30, 2007 | Sold | ||
| Sold | |||
| Feb 28, 2007 | Listed by Prestige Homes Real Estate, LLC | $280,000 | |
| Listed by Prestige Homes Real Estate, LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/13/2014
|
1 Bed
|
2 Bath
|
950 ft²
|
$275,000
1 Bed
2 Bath
950 ft²
|
$272,000
-1.09%
05/29/2014
|
Anita Lamantea
Prestige Homes Real Estate, LLC
| |
|
02/28/2007
|
1 Bed
|
2 Bath
|
950 ft²
|
$280,000
1 Bed
2 Bath
950 ft²
|
$270,000
-3.57%
03/30/2007
|
Anita Lamantea
Prestige Homes Real Estate, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017