1 Surf Way #111
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 |
|---|---|---|---|
| Mar 28, 2025 | Sold | ||
| Sold | |||
| Feb 14, 2025 | Listed by Sotheby's International Realty | $645,000 | |
| Listed by Sotheby's International Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/14/2025
|
1 Bed
|
1 Bath
|
478 ft²
|
$645,000
1 Bed
1 Bath
478 ft²
|
$645,000
03/28/2025
|
Grace Merritt
Sea & Oak Properties
| |
|
12/16/2024
|
1 Bed
|
1 Bath
|
478 ft²
|
$949,000
1 Bed
1 Bath
478 ft²
|
$940,000
-0.95%
02/20/2025
|
Susan Spiegel
Keller Williams Realty
| |
|
04/05/2023
| |
2 Bed
|
2 Bath
|
1023 ft²
|
$1,450,000
2 Bed
2 Bath
1023 ft²
|
-
-
|
Susan Spiegel
Keller Williams Realty
|
|
05/13/2022
| |
2 Bed
|
2 Bath
|
1023 ft²
|
$1,400,000
2 Bed
2 Bath
1023 ft²
|
-
-
|
Shanne Carvalho
Christie's International Real Estate Sereno
|
|
05/08/2020
| |
2 Bed
|
2 Bath
|
1023 ft²
|
$899,000
2 Bed
2 Bath
1023 ft²
|
-
-
|
-
|
|
08/25/2021
|
2 Bed
|
2 Bath
|
1023 ft²
|
$1,150,000
2 Bed
2 Bath
1023 ft²
|
$1,185,000
+3.04%
09/17/2021
|
Susan Spiegel
KW Coastal Estates
| |
|
07/22/2020
|
2 Bed
|
2 Bath
|
1023 ft²
|
$857,500
2 Bed
2 Bath
1023 ft²
|
$857,500
07/22/2020
|
Ryan Melcher
Sotheby's International Realty
| |
|
03/25/2019
| |
2 Bed
|
2 Bath
|
1023 ft²
|
$1,095,000
2 Bed
2 Bath
1023 ft²
|
-
-
|
-
|
|
04/02/2018
|
1 Bed
|
1 Bath
|
478 ft²
|
$589,000
1 Bed
1 Bath
478 ft²
|
$580,000
-1.53%
06/21/2018
|
Christina Medina
Sotheby's Int'l Realty-Rancho
| |
|
03/16/2018
|
1 Bed
|
1 Bath
|
710 ft²
|
$760,000
1 Bed
1 Bath
710 ft²
|
$750,000
-1.32%
06/13/2018
|
Annette Boggs
Above and Beyond Real Estate
| |
|
02/27/2018
|
1 Bed
|
1 Bath
|
478 ft²
|
$565,000
1 Bed
1 Bath
478 ft²
|
$575,000
+1.77%
03/28/2018
|
Susan Spiegel
Keller Williams Realty
| |
|
01/13/2018
|
1 Bed
|
1 Bath
|
478 ft²
|
$549,900
1 Bed
1 Bath
478 ft²
|
$559,000
+1.65%
06/11/2018
|
Mark Delano Vincent
Coldwell Banker Realty
| |
|
11/27/2017
|
1 Bed
|
1 Bath
|
478 ft²
|
$585,000
1 Bed
1 Bath
478 ft²
|
$565,000
-3.42%
01/16/2018
|
Susan Spiegel
Keller Williams Realty
| |
|
07/09/2017
| |
2 Bed
|
2 Bath
|
1023 ft²
|
-
2 Bed
2 Bath
1023 ft²
|
-
-
|
-
|
|
06/18/2017
|
2 Bed
|
2 Bath
|
1023 ft²
|
$729,000
2 Bed
2 Bath
1023 ft²
|
$729,000
09/24/2017
|
Susan Spiegel
Keller Williams Realty
| |
|
04/11/2017
|
1 Bed
|
1 Bath
|
718 ft²
|
$765,000
1 Bed
1 Bath
718 ft²
|
$775,000
+1.31%
05/18/2017
|
Susan Spiegel
KW Coastal Estates
| |
|
03/28/2017
|
2 Bed
|
2 Bath
|
1083 ft²
|
$805,000
2 Bed
2 Bath
1083 ft²
|
$785,000
-2.48%
08/18/2017
|
Ryan Melcher
Sotheby's International Realty
| |
|
01/01/2016
|
1 Bed
|
1 Bath
|
718 ft²
|
$699,000
1 Bed
1 Bath
718 ft²
|
$699,000
04/25/2016
|
Annette Boggs
Above and Beyond Real Estate
| |
|
11/30/-0001
| |
2 Bed
|
2 Bath
|
1083 ft²
|
$995,000
2 Bed
2 Bath
1083 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017