1031 W Monroe Street #4
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.
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/31/2025
|
2 Bed
|
2 Bath
|
1500 ft²
|
$799,900
2 Bed
2 Bath
1500 ft²
|
$790,000
-1.24%
10/01/2025
|
Ivona Kutermankiewicz
Berkshire Hathaway HomeServices Chicago
| |
|
03/18/2022
|
3 Bed
|
3 Bath
|
2425 ft²
|
$924,888
3 Bed
3 Bath
2425 ft²
|
-
-
|
Doyle Caffrey
Realtopia Real Estate Inc
| |
|
05/26/2021
|
2 Bed
|
2 Bath
|
1500 ft²
|
$614,900
2 Bed
2 Bath
1500 ft²
|
-
-
|
Jacqueline Colando
Redfin Corporation
| |
|
01/04/2008
|
3 Bed
|
3 Bath
|
2425 ft²
|
$639,000
3 Bed
3 Bath
2425 ft²
|
$679,000
+6.26%
06/26/2008
|
Phillip Ciaccio
Domus Group
| |
|
10/10/2005
|
2 Bed
|
2 Bath
|
1500 ft²
|
$499,000
2 Bed
2 Bath
1500 ft²
|
$470,000
-5.81%
03/08/2007
|
Phillip Ciaccio
Domus Group
| |
|
10/10/2005
|
2 Bed
|
2 Bath
|
1500 ft²
|
$449,000
2 Bed
2 Bath
1500 ft²
|
$469,000
+4.45%
05/23/2007
|
Phillip Ciaccio
Domus Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017