87 Red Maple Run #87
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 |
|---|---|---|---|
| Jan 29, 2018 | Sold | ||
| Sold | |||
| Oct 26, 2017 | Listed by Keller Williams Realty | $549,900 | |
| Listed by Keller Williams Realty | |||
| | |||
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Welcome to a luxurious 55+ town home featuring many upgrades, including: hardwood flooring throughout, 9 foot ceilings, double crown moldings, and oversized baseboards. Also highlighted: an open concept kitchen with granite counters, custom cabinetry, and Bosch stainless appliances. There is a lovely dining room which opens to the kitchen and a formal living room with intricate mill work and a gas fireplace. There are two bedrooms on the main floor – a spacious master bedroom with an oversized walk-in closet and an en suite granite bathroom. The second bedroom has a large closet and a full bath with granite counters. There is a lovely and welcoming four-season sun room with French doors and access to a composite deck, plus a den that can be used as an office or as a cozy TV room. The unfinished basement is large offering lots of potential. This active adult community features gorgeous grounds, a clubhouse, a gym and an entertainment room. It is just a short walk a cute shops.
| |||
| Sep 25, 2015 | Sold | ||
| Sold | |||
| Apr 29, 2015 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $499,900 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
| Jun 6, 2014 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/26/2017
|
2 Bed
|
2 Bath
|
2236 ft²
|
$549,900
2 Bed
2 Bath
2236 ft²
|
$523,500
-4.80%
01/29/2018
|
Kandi Pitrus
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
04/29/2015
|
2 Bed
|
2 Bath
|
2236 ft²
|
$499,900
2 Bed
2 Bath
2236 ft²
|
$485,000
-2.98%
09/25/2015
|
Kandi Pitrus
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
09/17/2013
|
2 Bed
|
2 Bath
|
2210 ft²
|
$399,900
2 Bed
2 Bath
2210 ft²
|
$440,100
+10.05%
06/06/2014
|
Albert Rao
Berkshire Hathaway HomeServices Page Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017