85 Andersen Rd #85
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 |
|---|---|---|---|
| Oct 28, 2019 | Sold | ||
| Sold | |||
| Oct 2, 2019 | Listed by Golden Knight Real Estate LLC | $129,900 | |
| Listed by Golden Knight Real Estate LLC | |||
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Convenient condo living at an affordable price. Large living room with picture window, wall to wall carpeting, and ceramic tile entryway. The galley kitchen has updated Formica countertop, new appliances including a stainless steel gas range, and brand new electric dryer. Built in breakfast bar in the bright and cheery nook. Two closets in the kitchen, one of which is a pantry. The bath is updated with tub surround and vanity sink. Large linen closet. The two bedrooms have wall to wall carpet, large closets, and the master has a ceiling fan, light combo. There is another closet in the hallway. The condo is cooled with a built in air conditioner. The heating is gas forced hot water and the furnace, along with the hot water tank are conveniently located in the utility room next to the condo. The one car garage with both loft and rear storage areas is located close to the unit. Unit is set back from road and has large rear common 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 |
|---|---|---|---|---|---|---|---|
|
10/02/2019
|
2 Bed
|
1 Bath
|
854 ft²
|
$129,900
2 Bed
1 Bath
854 ft²
|
$125,000
-3.77%
10/28/2019
|
Jeff Cruz
Maria Acuna Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017