8440 Annapolis Dr #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%.
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 |
|---|---|---|---|
| Jan 12, 2022 | Sold | ||
| Sold | |||
| Nov 19, 2021 | Listed by The Group Inc - Harmony | $530,000 | |
| Listed by The Group Inc - Harmony | |||
| | |||
|
A rare find in this maintenance free, high-end, ranch style townhome. Be a part of The Cottages at Country Farm. Better than new construction with all the upgrades plus Hunter Douglas blinds, tankless water heater, the list goes on-See additional documents for full list of features! 2 beds, 2.5 baths, open flowing floorplan with soaring ceilings, mudroom with utility sink and drop zone, covered front porch, covered back patio with private courtyard, attached 2 car garage. Unfinished basement
| |||
| Jan 27, 2021 | Sold | ||
| Sold | |||
| Nov 5, 2020 | Sold | ||
| Sold | |||
| Jul 14, 2020 | Listed by RE/MAX Alliance-FTC Dwtn | $489,680 | |
| Listed by RE/MAX Alliance-FTC Dwtn | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/19/2021
|
2 Bed
|
2 Bath
|
1785 ft²
|
$530,000
2 Bed
2 Bath
1785 ft²
|
$530,000
01/12/2022
|
Wendy Sparks
The Group Inc - Harmony
| |
|
07/14/2020
|
2 Bed
|
3 Bath
|
1785 ft²
|
$489,680
2 Bed
3 Bath
1785 ft²
|
$624,827
+27.60%
11/05/2020
|
Jeremy Johnson
RE/MAX Alliance-FTC Dwtn
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017