1 Atlantic View #1
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 15, 2009 | Sold | ||
| Sold | |||
| Mar 23, 2009 | Listed by Prudential Howe & Doherty | $515,000 | |
| Listed by Prudential Howe & Doherty | |||
| Sep 9, 2005 | Sold | ||
| Sold | |||
| Oct 27, 2004 | Listed by Stone Ridge Properties, Inc. | $619,000 | |
| Listed by Stone Ridge Properties, Inc. | |||
| | |||
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Appliance allowance
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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 |
|---|---|---|---|---|---|---|---|
|
03/23/2009
|
3 Bed
|
3 Bath
|
3000 ft²
|
$515,000
3 Bed
3 Bath
3000 ft²
|
$500,000
-2.91%
09/15/2009
|
Steve Robinson
Stone Ridge Properties, Inc.
| |
|
10/27/2004
|
2 Bed
|
2 Bath
|
2150 ft²
|
$619,000
2 Bed
2 Bath
2150 ft²
|
$651,700
+5.28%
09/09/2005
|
Cathy Toomey
Stone Ridge Properties, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017