111 Ariel #111
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 |
|---|---|---|---|
| Mar 5, 2020 | Sold | ||
| Sold | |||
| Nov 13, 2019 | Listed by Keller Williams Realty Greater Worcester | $320,000 | |
| Listed by Keller Williams Realty Greater Worcester | |||
| Oct 10, 2019 | No longer available | - | |
| No longer available | |||
| Sep 22, 2019 | Price Decreased |
$299,000
↓ $11K
(3.5%) | |
| Price Decreased | |||
| Sep 8, 2019 | Price Decreased |
$309,900
↓ $5K
(1.6%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/13/2019
|
2 Bed
|
2 Bath
|
2057 ft²
|
$320,000
2 Bed
2 Bath
2057 ft²
|
$315,000
-1.56%
03/05/2020
|
Catherine Longo
Emerson REALTORS®
| |
|
04/23/2019
|
2 Bed
|
3 Bath
|
2057 ft²
|
$335,900
2 Bed
3 Bath
2057 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017