223 Ferndale Drive #114
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 |
|---|---|---|---|
| Jun 28, 2025 | In contract | - | |
| In contract | |||
| Jun 28, 2025 | Sold | ||
| Sold | |||
| Apr 13, 2025 | Listed by DFH Realty Georgia | $424,890 | |
| Listed by DFH Realty Georgia | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/13/2025
|
5 Bed
|
3 Bath
|
8 ft²
|
$424,890
5 Bed
3 Bath
8 ft²
|
$420,990
-0.92%
06/28/2025
|
Penny Hay
Platinum Key Realty of Georgia
| |
|
09/28/2024
|
5 Bed
|
3 Bath
|
3170 ft²
|
$463,190
5 Bed
3 Bath
3170 ft²
|
$463,190
06/28/2025
|
Penny Hay
Platinum Key Realty of Georgia
| |
|
04/24/2024
|
4 Bed
|
3 Bath
|
2860 ft²
|
$457,990
4 Bed
3 Bath
2860 ft²
|
$457,990
08/30/2024
|
Sabreen Hill
Solid Source Realty GA
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017