1 Southgate #2B
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 |
|---|---|---|---|
| Apr 29, 2024 | Sold | ||
| Sold | |||
| Mar 11, 2024 | In contract | - | |
| In contract | |||
| Mar 3, 2024 | Listed by Julia B Fee Sothebys Int. Rlty | $1,195,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/03/2024
|
3 Bed
|
2 Bath
|
1800 ft²
|
$1,195,000
3 Bed
2 Bath
1800 ft²
|
$1,425,000
+19.25%
04/29/2024
|
Christina Diminno
Julia B Fee Sothebys Int. Rlty
| |
|
04/11/2020
|
4 Bed
|
3 Bath
|
2684 ft²
|
$1,699,000
4 Bed
3 Bath
2684 ft²
|
-
-
|
Sona Davidian
McClellan Sotheby's Int. Rlty
| |
|
11/30/2018
|
4 Bed
|
3 Bath
|
2684 ft²
|
$1,885,000
4 Bed
3 Bath
2684 ft²
|
-
-
|
Jennifer A. Gilchrist
McClellan Sotheby's Int. Rlty
| |
|
03/11/2019
|
3 Bed
|
2 Bath
|
1810 ft²
|
$1,150,000
3 Bed
2 Bath
1810 ft²
|
$1,050,000
-8.70%
08/13/2019
|
Susan Kelty Law
Houlihan Lawrence Inc.
| |
|
02/22/2016
|
2 Bed
|
2 Bath
|
1500 ft²
|
$925,000
2 Bed
2 Bath
1500 ft²
|
$995,000
+7.57%
05/26/2016
|
William Q Dowling
Julia B Fee Sothebys Int. Rlty
| |
|
05/05/2014
|
3 Bed
|
2 Bath
|
1560 ft²
|
$735,000
3 Bed
2 Bath
1560 ft²
|
$740,000
+0.68%
08/27/2014
|
Carol Bender
Houlihan Lawrence Inc.
| |
|
01/08/2014
|
2 Bed
|
2 Bath
|
1902 ft²
|
$825,000
2 Bed
2 Bath
1902 ft²
|
$785,000
-4.85%
03/14/2014
|
Mary Claire White
Houlihan Lawrence Inc.
| |
|
06/25/2013
|
3 Bed
|
2 Bath
|
1862 ft²
|
$1,175,000
3 Bed
2 Bath
1862 ft²
|
$1,100,000
-6.38%
11/25/2013
|
Colleen O' D. Fitzgerald
Park Sterling Realty
| |
|
06/10/2013
|
4 Bed
|
3 Bath
|
2510 ft²
|
$1,295,000
4 Bed
3 Bath
2510 ft²
|
$1,225,000
-5.41%
12/19/2013
|
Doris Blair
Houlihan Lawrence Inc.
| |
|
03/21/2012
|
6 Bed
|
4 Bath
|
3200 ft²
|
$1,597,000
6 Bed
4 Bath
3200 ft²
|
$1,450,000
-9.20%
10/24/2012
|
Marcia Minassian
Houlihan Lawrence Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017