97 Mitchell Dr #97
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%.
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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Mar 19, 2024 | In contract | - | |
| In contract | |||
| Mar 9, 2024 | Listed by Pioneer Realty | $198,000 | |
| Listed by Pioneer Realty | |||
| | |||
|
If you’re looking for easy living this beautiful condominium may be right for you. This two bedroom, Living room and galley style Kitchen with garage and patio area is in very good condition. Conveniently located and well-maintained at this price it won’t be on the market long. All inspections are the responsibility of the buyer and buyers agent This property must be approved by probate court for sale, so it will take longer than the average for closing. This is approved for FHA loans (as per condo association)
| |||
| Sep 1, 2010 | Sold | ||
| Sold | |||
| Jul 29, 2010 | Listed by Neilsen Realty LLC | $115,000 | |
| Listed by Neilsen Realty LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/09/2024
|
2 Bed
|
1 Bath
|
854 ft²
|
$198,000
2 Bed
1 Bath
854 ft²
|
$198,000
09/27/2024
|
Emmanuel Pedro
Ideal Real Estate Services, Inc.
| |
|
07/29/2010
|
2 Bed
|
1 Bath
|
860 ft²
|
$115,000
2 Bed
1 Bath
860 ft²
|
$115,000
09/01/2010
|
Augusta Taylor
Park Square Realty
| |
|
05/22/1997
|
2 Bed
|
1 Bath
|
860 ft²
|
$64,800
2 Bed
1 Bath
860 ft²
|
$62,900
-2.93%
08/07/1997
|
Connie Laplante
ERA M Connie Laplante Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017