15
Map
111 S Centre Avenue #3QQ
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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 15, 2024 | Sold | ||
Sold | |||
Feb 2, 2024 | In contract | - | |
In contract | |||
Feb 1, 2024 | No longer available | - | |
No longer available | |||
Sep 17, 2023 | Price Decreased |
$179,999
↓ $10K
(5.3%) | |
Price Decreased | |||
Jul 9, 2023 | Relisted | $189,999 | |
Relisted |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/18/2024
|
2 Bed
|
2 Bath
|
-
|
$425,000
2 Bed
2 Bath
|
$415,000
-2.35%
11/01/2024
|
-
|
Theresa Balazs
Douglas Elliman Real Estate
| |
06/28/2024
|
Studio
|
1 Bath
|
-
|
$230,000
Studio
1 Bath
|
$225,000
-2.17%
10/15/2024
|
-
|
Theresa Balazs
Douglas Elliman Real Estate
| |
07/11/2023
|
1 Bed
|
1 Bath
|
-
|
$279,000
1 Bed
1 Bath
|
$309,000
+10.75%
05/28/2024
|
-
|
Brian Lewis
Halstead Property, LLC
| |
06/05/2023
|
Studio
|
1 Bath
|
-
|
$189,999
Studio
1 Bath
|
$184,999
-2.63%
05/15/2024
|
-
|
Theresa Balazs
Douglas Elliman Real Estate
| |
12/20/2022
|
Studio
|
1 Bath
|
-
|
$215,000
Studio
1 Bath
|
$210,000
-2.33%
08/28/2023
|
-
|
Lori Schlesinger
Lori & Associates LI Realty
| |
01/16/2022
|
3 Bed
|
2 Bath
|
-
|
$489,000
3 Bed
2 Bath
|
$470,000
-3.89%
05/02/2022
|
-
|
Theresa Balazs
Douglas Elliman Real Estate
| |
10/26/2021
|
Studio
|
1 Bath
|
-
|
$149,000
Studio
1 Bath
|
$165,000
+10.74%
05/05/2022
|
-
|
Andrew Tripi
EXIT Realty Premier
| |
07/21/2021
|
2 Bed
|
2 Bath
|
-
|
$399,999
2 Bed
2 Bath
|
$415,000
+3.75%
11/10/2021
|
-
|
Ralph Ross
Signature Premier Properties
| |
07/27/2020
|
3 Bed
|
2 Bath
|
-
|
$385,000
3 Bed
2 Bath
|
$342,500
-11.04%
09/22/2020
|
-
|
Theresa Balazs
Douglas Elliman Real Estate
| |
08/08/2018
|
1 Bed
|
1 Bath
|
-
|
$259,900
1 Bed
1 Bath
|
-
-
|
-
|
Derik J Cenci
RE/MAX City Square
| |
06/19/2018
| |
1 Bed
|
1 Bath
|
-
|
$249,000
1 Bed
1 Bath
|
-
-
|
-
|
-
|
05/21/2018
|
1 Bed
|
1 Bath
|
-
|
$249,000
1 Bed
1 Bath
|
$239,000
-4.02%
12/06/2018
|
-
|
Theresa Balazs
Douglas Elliman Real Estate
| |
11/21/2017
|
Studio
|
1 Bath
|
-
|
$125,000
Studio
1 Bath
|
$125,000
07/25/2018
|
-
|
Mary Jean Abar
JPJ Beneficial R E Group LLC
| |
07/30/2017
| |
Studio
|
1 Bath
|
-
|
-
Studio
1 Bath
|
-
-
|
-
|
-
|
04/23/2013
|
1 Bed
|
1 Bath
|
-
|
$227,000
1 Bed
1 Bath
|
$209,000
-7.93%
10/24/2013
|
-
|
Theresa Balazs
Douglas Elliman Real Estate
| |
11/27/2012
|
2 Bed
|
2 Bath
|
-
|
$295,000
2 Bed
2 Bath
|
$275,000
-6.78%
12/03/2012
|
-
|
Theresa Balazs
Douglas Elliman Real Estate
| |
05/29/2012
|
Studio
|
1 Bath
|
-
|
$139,000
Studio
1 Bath
|
$136,500
-1.80%
08/14/2012
|
-
|
Theresa Balazs
Douglas Elliman Real Estate
|
Building Info
- 1 Unit for Sale