81 Gloucester Avenue #2
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 11, 2016 | Sold | ||
| Sold | |||
| Aug 8, 2016 | Listed by Vadala Real Estate | $319,900 | |
| Listed by Vadala Real Estate | |||
| May 25, 2007 | Sold | ||
| Sold | |||
| Feb 20, 2007 | Listed by Daniel P. Vadala | $319,900 | |
| Listed by Daniel P. Vadala | |||
| | |||
|
Brand New 2-3 Bedroom Townhouse Condominium with one car garage, two additional off street parking spaces, and a nice level private yard area. The first floor consists of spacious living room with hardwood floors, a large kitchen/dining area with granite countertops and stainless steel appliances, and a half bath/laundry combo. Second floor has two good sized bedrooms and a full bath. Finished basement provides possible third bedroom or additional living area.
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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 |
|---|---|---|---|---|---|---|---|
|
08/08/2016
|
3 Bed
|
2 Bath
|
1296 ft²
|
$319,900
3 Bed
2 Bath
1296 ft²
|
$319,900
10/11/2016
|
Mark Ventimiglia
Vadala Real Estate
| |
|
02/20/2007
|
2 Bed
|
2 Bath
|
1700 ft²
|
$319,900
2 Bed
2 Bath
1700 ft²
|
$294,000
-8.10%
05/25/2007
|
Mark Ventimiglia
Vadala Real Estate
| |
|
10/16/2006
|
2 Bed
|
2 Bath
|
1440 ft²
|
$319,900
2 Bed
2 Bath
1440 ft²
|
$290,000
-9.35%
05/04/2007
|
Mark Ventimiglia
Vadala Real Estate
| |
|
02/21/2006
| |
Loft
|
-
|
-
|
$149,000
Loft
-
|
$135,000
-9.40%
08/28/2006
|
Lisa Carlson
Coldwell Banker Residential Brokerage - Gloucester
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017