85 Cardinal Lane #2B
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 |
|---|---|---|---|
| Feb 18, 2021 | Sold | ||
| Sold | |||
| Oct 23, 2020 | In contract | - | |
| In contract | |||
| Oct 2, 2020 | Listed by Signature Premier Properties | $189,000 | |
| Listed by Signature Premier Properties | |||
| | |||
|
Beautiful Second Floor One Bedroom Unit In The Woodlands @ Islip includes a Washer and Dryer and Large Deck Off the Bedroom. Maintenance Includes Taxes, Heat, Water, Gas, Sewers, Pool & Life Guard, Building Maintenance, Sanitation, Landscaping, Snow Removal. Pet Friendly! Nearby Shopping, Train & Beaches. Well-Maintained Community! Monthly Maintenance is 913.18 w/Star is $748. Dog Cannot Be More Than 18 Inches or Over 20 Lbs. Must See! Won't Last!!, Additional information: Appearance:Excellent
| |||
| Nov 16, 2017 | Sold | ||
| Sold | |||
| Jul 18, 2017 | Listed by Stacy Cox Inc | $144,989 | |
| Listed by Stacy Cox Inc | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/10/2021
|
1 Bed
|
1 Bath
|
-
|
$188,500
1 Bed
1 Bath
|
$196,000
+3.98%
10/13/2021
|
Robert Watts
Michael J Watts & Assoc Inc
| |
|
10/02/2020
|
1 Bed
|
1 Bath
|
-
|
$189,000
1 Bed
1 Bath
|
$195,000
+3.17%
02/18/2021
|
Dana H. Vesely SRES
Compass Greater NY LLC
| |
|
07/30/2017
| |
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
|
|
07/18/2017
|
1 Bed
|
1 Bath
|
-
|
$144,989
1 Bed
1 Bath
|
$145,000
+0.01%
11/16/2017
|
Stacy A. Cox CBR
Stacy Cox Inc
| |
|
07/12/2017
|
1 Bed
|
1 Bath
|
-
|
$137,000
1 Bed
1 Bath
|
$131,500
-4.01%
12/07/2017
|
Dana H. Vesely SRES
Compass Greater NY LLC
| |
|
09/21/2016
|
1 Bed
|
1 Bath
|
-
|
$132,000
1 Bed
1 Bath
|
$131,000
-0.76%
11/15/2017
|
William J. Willets E-PRO
Coldwell Banker M&D Good Life
| |
|
04/30/2015
|
1 Bed
|
1 Bath
|
-
|
$129,000
1 Bed
1 Bath
|
$130,000
+0.78%
03/17/2016
|
Jean Sullivan
Douglas Elliman Real Estate
|
Building Info
About Islip
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017