1017 Faile Street #1017B
About This Property
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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 |
|---|---|---|---|
| Jul 21, 2026 | Sold | ||
| Sold | |||
| Dec 18, 2025 | In contract | - | |
| In contract | |||
| Dec 10, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Nov 2, 2025 | Listed by Jason Mitchell Real Estate NY | $289,000 | |
| Listed by Jason Mitchell Real Estate NY | |||
| |||
|
Welcome to 1017 Faile Street, a bright and beautifully updated second-floor apartment that combines space, style, and convenience in one irresistible package.
Step inside to find sky-high ceilings, refinished hardwood floors, and a stunning wall of windows that fill the open living and dining areas with natural light. The galley kitchen features excellent counter and cabinet space, a stainless-steel gas range with hood, and modern finishes—perfect for everyday cooking and entertaining. Includes basement and backyard access!
Two spacious bedrooms sit quietly at the rear of the unit, each with large windows and roomy closets. The updated tiled bathroom, in-unit laundry, and oversized hall closet make daily living comfortable and efficient.
Located in a welcoming Bronx neighborhood, you’re just steps from the 2 and 5 subway lines, plus local shops, restaurants, and parks.
| |||
| May 29, 2024 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/12/2023
|
2 Bed
|
1 Bath
|
-
|
$261,250
2 Bed
1 Bath
|
$248,000
-5.07%
05/29/2024
|
Michael Morris
VYLLA Home
| |
|
03/31/2023
|
2 Bed
|
1 Bath
|
-
|
$250,000
2 Bed
1 Bath
|
-
-
|
Michael Morris
VYLLA Home
| |
|
01/26/2022
|
2 Bed
|
1 Bath
|
834 ft²
|
$279,000
2 Bed
1 Bath
834 ft²
|
-
-
|
Dion Griffiths
ERA Insite Realty Services
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017