1244 W Monroe Street #2
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%.
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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.
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/27/2024
|
2 Bed
|
2 Bath
|
1651 ft²
|
$624,995
2 Bed
2 Bath
1651 ft²
|
$633,000
+1.28%
11/04/2024
|
Michael Mandile
Compass
| |
|
06/17/2024
|
2 Bed
|
2 Bath
|
1589 ft²
|
$599,995
2 Bed
2 Bath
1589 ft²
|
$620,000
+3.33%
07/19/2024
|
Michael Mandile
Compass
| |
|
03/13/2024
|
2 Bed
|
3 Bath
|
1651 ft²
|
$639,000
2 Bed
3 Bath
1651 ft²
|
$639,000
05/03/2024
|
Vince McGuire
Cavan Realty Incorporated
| |
|
11/27/2022
|
2 Bed
|
2 Bath
|
1600 ft²
|
$569,900
2 Bed
2 Bath
1600 ft²
|
$535,000
-6.12%
01/18/2023
|
Paul Molinelli
Richard Cohn Real Estate
| |
|
09/26/2022
|
2 Bed
|
2 Bath
|
-
|
$549,000
2 Bed
2 Bath
|
$540,000
-1.64%
11/21/2022
|
John Casale
d'aprile properties
| |
|
03/14/2022
|
2 Bed
|
2 Bath
|
1651 ft²
|
$615,000
2 Bed
2 Bath
1651 ft²
|
$595,000
-3.25%
03/18/2022
|
Melanie Giglio
Compass
| |
|
03/17/2021
|
2 Bed
|
2 Bath
|
1651 ft²
|
$615,000
2 Bed
2 Bath
1651 ft²
|
-
-
|
-
| |
|
07/02/2018
|
2 Bed
|
2 Bath
|
1589 ft²
|
$494,900
2 Bed
2 Bath
1589 ft²
|
$475,000
-4.02%
01/23/2019
|
Kathleen Smith
Compass
| |
|
12/02/2006
|
2 Bed
|
2 Bath
|
1589 ft²
|
$459,900
2 Bed
2 Bath
1589 ft²
|
$450,000
-2.15%
01/31/2007
|
Jennifer Long
Vylla Home
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017