1362 Route 9W
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 18, 2025 | Price Decreased |
$285,000
↓ $3K
(1%) | |
| Price Decreased | |||
| May 13, 2025 | Price Decreased |
$288,000
↓ $1K
(0.4%) | |
| Price Decreased | |||
| Dec 31, 2024 | Price Decreased |
$289,000
↓ $10K
(3.3%) | |
| Price Decreased | |||
| Nov 13, 2024 | Price Decreased |
$299,000
↓ $85K
(22.1%) | |
| Price Decreased | |||
| Oct 16, 2024 | Price Decreased |
$384,000
↓ $15K
(3.8%) | |
| Price Decreased | |||
Property Highlights
1362 Route 9W
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
About Albany
Similar Homes for Sale
Nearby Rentals
Win Morrison Realty
Last Updated: 30 days ago
Data Source: Global MLS , MLS# 202426489
