10546 Versailles Boulevard
About This Property
declared pandemic, local, state, and federal laws, regulations, and moratoriums have been enacted to protect those who suffer hardships and are negatively impacted by the virus. The buyer will be required to sign an acknowledgment indicating that the Subject Property and any or all occupants residing therein may be protected by one or more occupancy laws or orders, and the buyer commits to honor and comply with all such applicable laws, regulations, orders, and moratoriums. In particular, the buyer will agree not to commence any court action or other legal proceedings to evict or dispossess the current occupants of the Subject Property until doing so does not violate any such law, regulation, order, or moratorium.
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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 |
|---|---|---|---|
| Dec 23, 2022 | Sold | ||
| Sold | |||
| Sep 27, 2022 | No longer available | - | |
| No longer available | |||
| Sep 1, 2022 | Price Decreased |
$1,449,000
↓ $50K
(3.3%) | |
| Price Decreased | |||
| Jun 24, 2022 | Price Decreased |
$1,499,000
↓ $100K
(6.3%) | |
| Price Decreased | |||
| Jun 15, 2022 | Price Decreased |
$1,599,000
↓ $50K
(3%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017