12 Rackliffe St.
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 |
|---|---|---|---|
| Aug 7, 2017 | Sold | ||
| Sold | |||
| May 5, 2017 | Listed by By The Sea Sotheby's International Realty | $575,000 | |
| Listed by By The Sea Sotheby's International Realty | |||
| Oct 22, 2013 | Sold | ||
| Sold | |||
| Jul 17, 2013 | Listed by By The Sea Sotheby's International Realty | $349,000 | |
| Listed by By The Sea Sotheby's International Realty | |||
| May 3, 2010 | Listed by By The Sea Sotheby's International Realty | $449,000 | |
| Listed by By The Sea Sotheby's International Realty | |||
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A Rocky Neck Rarity: Potential to build a dream home with water views of Wonson Cove on the site of the former carriage house of the Rockaway Hotel. The roughly 4,400 sf garage is currently being used for storage. Become part of the charming enclave of Rocky Neck and build a summer or year round home.
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Address: 335 Madison Avenue, New York, NY 10017