809 Harbour Point Drive #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 22, 2020 | No longer available | - | |
| No longer available | |||
| May 18, 2020 | Price Decreased |
$235,000
↓ $10K
(4.1%) | |
| Price Decreased | |||
| May 15, 2020 | Listed | $245,000 | |
| Listed | |||
| | |||
|
If you are looking for a totally renovated condo with a FABULOUS view then you just found it. This adorable condo is a one bedroom one bath. It has been totally updated and has great views of the Links golf course, marina and bay. The condo comes completely furnished with great looking furniture and artwork.The floors are made of Australian cypress wood. The owner self manages The Retreat (VRBO # 605464) and consistently grosses more than $33K annually.The entire Harbour Point community has just had a face-lift. The exterior boasts Hardie Cement siding, new roof in 2018. High end appliances,including a full size washer and dryer. There are also new light fixtures and ceiling fans. HOA dues are 490.00 monthly and SOA 383.93 quarterly. The manager has listed the unit size as 767 square feet.
| |||
| Jul 7, 2014 | Sold | ||
| Sold | |||
| May 15, 2014 | Listed by Paradise Property Brokers Inc | $154,500 | |
| Listed by Paradise Property Brokers Inc | |||
| | |||
|
If you are looking for a totally renovated condo with a FABULOUS view then you just found it. This adorable condo is a one bedroom one bath. It has been totally updated and has great views of the links golf course, marina and bay. The condo comes completely furnished with great looking furniture and artwork.The floors are made of Australian cypress wood. The entire Harbour Point community has just had a facelift. The exterior has just been updated with the old siding being replaced with Hardy Board and all of the trim being painted. The unit has a new heating and air conditioning system, new water heater, all new high end stainless appliances,including a full size washer and dryer. There are also new light fixtures and ceiling fans. HOA dues are 545.50 monthly and SOA 361.00 quarterly.
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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 |
|---|---|---|---|---|---|---|---|
|
05/15/2020
|
1 Bed
|
1 Bath
|
767 ft²
|
$245,000
1 Bed
1 Bath
767 ft²
|
-
-
|
-
| |
|
05/15/2014
|
1 Bed
|
1 Bath
|
747 ft²
|
$154,500
1 Bed
1 Bath
747 ft²
|
$142,000
-8.09%
07/07/2014
|
Deborah Speigner
Paradise Property Brokers Inc
| |
|
08/08/2011
|
1 Bed
|
1 Bath
|
747 ft²
|
$159,000
1 Bed
1 Bath
747 ft²
|
$134,000
-15.72%
06/29/2012
|
Jeanette Miller
Real Estate International Inc
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017