121 Florence Street #1
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 |
|---|---|---|---|
| Mar 3, 2025 | Sold | ||
| Sold | |||
| Dec 31, 2024 | In contract | - | |
| In contract | |||
| Dec 3, 2024 | Listed by EVO Real Estate Group, LLC | $614,900 | |
| Listed by EVO Real Estate Group, LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/03/2024
|
3 Bed
|
2 Bath
|
1160 ft²
|
$614,900
3 Bed
2 Bath
1160 ft²
|
$617,000
+0.34%
03/03/2025
|
Alyssa Vacca
Chinatti Realty Group, Inc.
| |
|
12/03/2024
|
3 Bed
|
2 Bath
|
1060 ft²
|
$634,900
3 Bed
2 Bath
1060 ft²
|
$635,000
+0.02%
04/02/2025
|
Monarch Team
EVO Real Estate Group, LLC
| |
|
04/24/2022
| |
5 Bed
|
2 Bath
|
3359 ft²
|
$690,000
5 Bed
2 Bath
3359 ft²
|
$789,000
+14.35%
06/07/2022
|
Lauren O'Brien & Co. Team
Leading Edge Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017