9 Millpond #9
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 |
|---|---|---|---|
| Aug 8, 2003 | Sold | ||
| Sold | |||
| May 15, 2003 | Listed by Coldwell Banker Residential Brokerage - Andover | $394,900 | |
| Listed by Coldwell Banker Residential Brokerage - Andover | |||
| | |||
|
BRIGHT & SUNNY,OVER 2200 S.F. END UNIT TOWNHOME W/SOUTHERN EXPOSURE;KIT. UPDATED IN 2002,OPEN FLR PLN TO DR,HW FLRS, FLR-TO-CEIL. PANTRY,WINE RACK,TRASHMASHER,& MORE.FRNT & SIDE PRIVATE COURTYRDS;FP LL W/WLK-OUT TO BRICK PATIO & WTR VIEWS
| |||
| Apr 16, 1999 | Sold | ||
| Sold | |||
| Feb 22, 1999 | Listed | $234,900 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/15/2003
|
2 Bed
|
2 Bath
|
2272 ft²
|
$394,900
2 Bed
2 Bath
2272 ft²
|
$402,000
+1.80%
08/08/2003
|
Wayne Ghirardini
Coldwell Banker Residential Brokerage - Andover
| |
|
02/22/1999
|
2 Bed
|
3 Bath
|
1548 ft²
|
$234,900
2 Bed
3 Bath
1548 ft²
|
$230,000
-2.09%
04/16/1999
|
Wayne Ghirardini
Coldwell Banker Residential Brokerage - Andover
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017