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.
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| 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 | |||
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Like new, one level ranch condo at The Villages at River’s Edge. Features include 2,200 of living area, custom maple kitchen with center island, granite counters, Bosch Stainless Steel appliances and custom lighting, master bedroom suite with huge walk in closet, full bath with tiled shower, and granite counters, large living room with hardwood floors, fireplace and double crown moldings, dining area with French doors opening up to sun room, two car garage with handicap ramp, huge basement with future potential. This plus 55 complex has a beautiful club house with gym and weekly activities for residents.
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| 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