1012 Park Avenue #8A
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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jul 17, 2024 | Sold | ||
Sold | |||
Jun 5, 2024 | In contract | - | |
In contract | |||
May 29, 2024 | Listed by Coldwell Banker, Hoboken | $675,000 | |
Listed by Coldwell Banker, Hoboken |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/29/2024
|
2 Bed
|
1 Bath
|
-
|
$675,000
2 Bed
1 Bath
|
$700,000
+3.70%
07/17/2024
|
-
|
JILL BIGGS
COLDWELL BANKER RESIDENTIAL BROKERAGE
| |
04/28/2021
|
2 Bed
|
1 Bath
|
839 ft²
|
$769,000
2 Bed
1 Bath
839 ft²
|
$730,000
-5.07%
09/01/2021
|
ANNMARIE SEXTON
SPECIAL PROPERTIES REAL ESTATE SERVICES, LLC
| ||
08/06/2018
|
2 Bed
|
1 Bath
|
865 ft²
|
-
2 Bed
1 Bath
865 ft²
|
-
-
|
-
|
-
|