11B Castlegate Drive #11B
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 25, 1999 | Sold | ||
| Sold | |||
| Apr 8, 1999 | Listed | $68,995 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/07/2024
|
2 Bed
|
2 Bath
|
1762 ft²
|
$220,000
2 Bed
2 Bath
1762 ft²
|
$230,000
+4.55%
07/18/2024
|
Lisa Beaver
1 Worcester Homes
| |
|
09/24/2019
|
2 Bed
|
2 Bath
|
1762 ft²
|
$169,900
2 Bed
2 Bath
1762 ft²
|
$164,000
-3.47%
12/05/2019
|
Pamela Spear
William Raveis R.E. & Home Services
| |
|
05/26/2018
|
2 Bed
|
2 Bath
|
1904 ft²
|
$139,900
2 Bed
2 Bath
1904 ft²
|
$140,000
+0.07%
07/23/2018
|
Teamwork Realty Group
Teamwork Realty Group, LLC
| |
|
01/22/2013
|
2 Bed
|
2 Bath
|
1762 ft²
|
$116,500
2 Bed
2 Bath
1762 ft²
|
$113,500
-2.58%
03/15/2013
|
Suzanne Moore
Berkshire Hathaway HomeServices Realty Professionals
| |
|
04/08/1999
|
2 Bed
|
2 Bath
|
1150 ft²
|
$68,995
2 Bed
2 Bath
1150 ft²
|
$66,000
-4.34%
06/25/1999
|
Dianne Schmidt
HB Real Estate, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017