135 Root Trail #EAST
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 |
|---|---|---|---|
| May 20, 2013 | Sold | ||
| Sold | |||
| Jul 13, 2012 | Listed by Nicklaus Vance | $1,590,000 | |
| Listed by Nicklaus Vance | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/12/2024
|
3 Bed
|
4 Bath
|
3071 ft²
|
$6,650,000
3 Bed
4 Bath
3071 ft²
|
$4,795,250
-27.89%
02/21/2025
|
Blake Hanley
Brown Harris Stevens of PB
| |
|
07/12/2024
|
2 Bed
|
3 Bath
|
2101 ft²
|
$6,125,000
2 Bed
3 Bath
2101 ft²
|
$4,200,000
-31.43%
04/14/2025
|
Blake Hanley
Brown Harris Stevens of PB
| |
|
07/13/2012
|
3 Bed
|
3 Bath
|
2392 ft²
|
$1,495,000
3 Bed
3 Bath
2392 ft²
|
$950,000
-36.45%
03/21/2013
|
Mary Jane McElwaney
NV Realty Group, LLC
| |
|
07/13/2012
|
4 Bed
|
3 Bath
|
2792 ft²
|
$1,590,000
4 Bed
3 Bath
2792 ft²
|
$1,300,000
-18.24%
05/20/2013
|
Mary Jane McElwaney
NV Realty Group, LLC
|
Building Info
About Ocean Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017