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9 Concetta Circle #2
About This Property
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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 |
|---|---|---|---|
| Dec 18, 2008 | Sold | ||
| Sold | |||
| Nov 19, 2008 | Listed by Spinnaker Group | $244,900 | |
| Listed by Spinnaker Group | |||
| | |||
|
Bank owned "as is" condition. Desirable condex in good condition features 3 floors of living. 3 bedrooms, 1.5 baths. Currently tenant occupied. The unit sits in a cul-de-sac has a nice lot that backs up to woods. No Association fee, expenses shared with unit owner next door.
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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 |
|---|---|---|---|---|---|---|---|
|
09/02/2015
|
Loft
|
2 Bath
|
1328 ft²
|
$324,500
Loft
2 Bath
1328 ft²
|
$320,000
-1.39%
11/17/2015
|
Mary Noll
HomeSmart First Class Realty
| |
|
11/19/2008
|
Loft
|
2 Bath
|
1760 ft²
|
$244,900
Loft
2 Bath
1760 ft²
|
$205,000
-16.29%
12/18/2008
|
Andrew Kushner
Spinnaker Group
| |
|
09/11/2003
|
Loft
|
2 Bath
|
2076 ft²
|
$299,900
Loft
2 Bath
2076 ft²
|
$301,500
+0.53%
11/26/2003
|
Colleen Ross
NextHome Ross Realty Group
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017