8850 OLD A1A #9
About This Property
The unit has two large air conditioned storage areas that the current owners have used to put mattresses in to accommodate extra sleeping. The unit also comes with its own covered parking space and the condo complex has a community pool.
Lastly, the price includes the furniture if wanted by the new buyer buyer
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 19, 2019 | Sold | ||
| Sold | |||
| Jun 8, 2019 | Listed by RE/MAX CONNECTS | $495,000 | |
| Listed by RE/MAX CONNECTS | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/08/2019
|
2 Bed
|
2 Bath
|
1204 ft²
|
$495,000
2 Bed
2 Bath
1204 ft²
|
$482,500
-2.53%
08/19/2019
|
MIKE WILLIAMSON
RE/MAX CONNECTS
| |
|
10/12/2017
|
2 Bed
|
2 Bath
|
1408 ft²
|
$450,500
2 Bed
2 Bath
1408 ft²
|
$450,500
05/04/2018
|
Debbie Da Silva
Berkshire Hathaway Homeservices Florida Network Realty
| |
|
08/27/2015
|
2 Bed
|
2 Bath
|
1408 ft²
|
$425,000
2 Bed
2 Bath
1408 ft²
|
$430,000
+1.18%
12/18/2015
|
Stefanie Bernstein
Berkshire Hathaway Homeservices Florida Network Realty
| |
|
07/14/2009
|
2 Bed
|
2 Bath
|
1150 ft²
|
$299,000
2 Bed
2 Bath
1150 ft²
|
$275,000
-8.03%
08/09/2010
|
CAROL ANN BENJAMIN
LIGHTHOUSE REALTY ASSOCIATES
| |
|
03/25/2009
|
2 Bed
|
2 Bath
|
1203 ft²
|
$374,900
2 Bed
2 Bath
1203 ft²
|
$275,000
-26.65%
05/15/2009
|
CAROL ANN BENJAMIN
LIGHTHOUSE REALTY ASSOCIATES
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017