9 Purington Lane #A
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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 16, 2022 | Sold | ||
| Sold | |||
| Sep 28, 2022 | Listed by Keller Williams Realty-Metropolitan | $425,000 | |
| Listed by Keller Williams Realty-Metropolitan | |||
| | |||
|
Location Location Location! Only one minute to the highway with the benefits of living on a Dead End Road!!! Love and care show throughout this home with all of the updates and finishes throughout. New shaker kitchen with subway tile backsplash, and center island with butcher block top. Two oversized bedrooms with a bath on the second floor and the walk up 3rd floor is perfect to get away from it all, make it your own private area! The wide pine floors give the home that “warm” feeling! Large sitting area off the back that opens to the yard, with patio and firepit area. Stunning gardens and flower beds. Walk out basement is a perfect area for a “shop” or just additional storage space if you need it. No condo fees! All this and only 10 minutes to the beach!
| |||
| Apr 4, 2018 | Sold | ||
| Sold | |||
| Feb 23, 2018 | Listed by The Hamptons Real Estate | $250,000 | |
| Listed by The Hamptons Real Estate | |||
| Aug 16, 2004 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/17/2023
| |
2 Bed
|
2 Bath
|
1707 ft²
|
$430,000
2 Bed
2 Bath
1707 ft²
|
$430,000
05/31/2023
|
Angel Gauron
Your Neighborhood Realtor, LLC
|
|
09/28/2022
|
2 Bed
|
2 Bath
|
1707 ft²
|
$425,000
2 Bed
2 Bath
1707 ft²
|
$424,000
-0.24%
12/16/2022
|
Michael Caouette
Keller Williams Realty-Metropolitan
| |
|
02/23/2018
|
2 Bed
|
2 Bath
|
1707 ft²
|
$250,000
2 Bed
2 Bath
1707 ft²
|
$250,000
04/04/2018
|
Jillian Tanida
The Hamptons Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017