104- 48 37 Drive #2D
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 |
|---|---|---|---|
| Jan 16, 2020 | Sold | ||
| Sold | |||
| Sep 18, 2019 | In contract | - | |
| In contract | |||
| Jul 31, 2019 | Listed by Daxi Home Realty Management | $569,000 | |
| Listed by Daxi Home Realty Management | |||
| Sep 22, 2014 | Sold | ||
| Sold | |||
| Jun 7, 2014 | Listed by Eagle Realty Group New York | $395,000 | |
| Listed by Eagle Realty Group New York | |||
| | |||
|
New Condo In Very Convenient Area. 5 Mins Walk To 103 Street 7 Train Station, 2 Mins Walk To Q 48 Bus 10 Mins To Flushing. 2 Bedroom Bright Condo, 2 Full Bath. Indoor Parking Garage In Basement With Signed Car Spot, Laundry Room, Gym And Recycle Center. Enclosed Balcony Extra Storage Room. 25 Years Tax Abatement, Great To Starter Or Investment., Additional information: Appearance:Diamond,Interior Features:Combo Kitchen,Lr/Dr
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/13/2025
|
3 Bed
|
2 Bath
|
747 ft²
|
$549,888
3 Bed
2 Bath
747 ft²
|
-
-
|
Claire Yiwen Mao
Eagle Realty Group New York
| |
|
02/07/2025
|
2 Bed
|
2 Bath
|
747.27 ft²
|
$588,000
2 Bed
2 Bath
747.27 ft²
|
$538,000
-8.50%
05/20/2025
|
Hui Teng Toh
Prospes Real Estate Corp
| |
|
12/10/2024
|
3 Bed
|
2 Bath
|
747 ft²
|
$528,000
3 Bed
2 Bath
747 ft²
|
-
-
|
Claire Yiwen Mao
Eagle Realty Group New York
| |
|
02/17/2020
|
2 Bed
|
1 Bath
|
847 ft²
|
$465,000
2 Bed
1 Bath
847 ft²
|
$458,000
-1.51%
12/06/2021
|
Sau Chan
Century Homes Realty Group LLC
| |
|
07/31/2019
|
3 Bed
|
2 Bath
|
853 ft²
|
$569,000
3 Bed
2 Bath
853 ft²
|
$483,000
-15.11%
01/16/2020
|
Claire Yiwen Mao
Eagle Realty Group New York
| |
|
05/08/2019
|
3 Bed
|
2 Bath
|
-
|
$559,000
3 Bed
2 Bath
|
$526,000
-5.90%
08/28/2019
|
Yiwen Mao
Daxi Home Realty Management
| |
|
11/04/2018
|
2 Bed
|
1 Bath
|
800 ft²
|
$515,000
2 Bed
1 Bath
800 ft²
|
-
-
|
Ying Chen
Abest Realty Inc
| |
|
05/29/2017
|
3 Bed
|
2 Bath
|
-
|
$528,888
3 Bed
2 Bath
|
$480,000
-9.24%
10/16/2017
|
Claire Yiwen Mao
Eagle Realty Group New York
| |
|
11/03/2016
|
3 Bed
|
2 Bath
|
847 ft²
|
$499,000
3 Bed
2 Bath
847 ft²
|
$483,000
-3.21%
05/22/2017
|
Claire Yiwen Mao
Eagle Realty Group New York
| |
|
04/23/2015
|
3 Bed
|
2 Bath
|
850 ft²
|
$445,000
3 Bed
2 Bath
850 ft²
|
$410,000
-7.87%
09/03/2015
|
Claire Yiwen Mao
Eagle Realty Group New York
| |
|
06/07/2014
|
3 Bed
|
2 Bath
|
800 ft²
|
$395,000
3 Bed
2 Bath
800 ft²
|
$385,000
-2.53%
09/22/2014
|
Claire Yiwen Mao
Eagle Realty Group New York
| |
|
11/15/2013
|
2 Bed
|
2 Bath
|
-
|
$330,000
2 Bed
2 Bath
|
$300,000
-9.09%
02/26/2014
|
Li Li
Century Homes Realty Group LLC
|
Building Info
- 24 Units
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017