000 HWY 83
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 |
|---|---|---|---|
| Jul 24, 2007 | Sold | ||
| Sold | |||
| Feb 27, 2007 | Listed by Wendland + Associates, LLC | $1,270,080 | |
| Listed by Wendland + Associates, LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/16/2023
| |
Loft
|
-
|
-
|
$695,000
Loft
-
|
$625,000
-10.07%
10/25/2025
|
Roel Gonzalez
EXP Realty, LLC
|
|
06/05/2019
| |
Loft
|
-
|
-
|
$18,000
Loft
-
|
$18,000
06/26/2019
|
Alberto Gonzalez
EXP Realty, LLC
|
|
09/12/2017
| |
Loft
|
-
|
-
|
$78,000
Loft
-
|
$70,000
-10.26%
11/21/2017
|
Shawn Gray
Frio Canyon Real Estate, LLC
|
|
01/22/2015
| |
Loft
|
2 Bath
|
1324 ft²
|
$639,900
Loft
2 Bath
1324 ft²
|
$600,000
-6.24%
02/01/2018
|
Spencer Hasch
BHGRE Homecity
|
|
02/27/2007
| |
Loft
|
1 Bath
|
900 ft²
|
$1,270,080
Loft
1 Bath
900 ft²
|
$1,112,146
-12.43%
07/24/2007
|
Nancy Wendland
Wendland + Associates, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017