13705 MODRAD WAY #9A33
About This Property
The manager has listed the unit size as 949 square feet.
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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 |
|---|---|---|---|
| Oct 5, 2018 | No longer available | - | |
| No longer available | |||
| Aug 23, 2018 | Listed | $157,900 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/16/2024
|
1 Bed
|
1 Bath
|
875 ft²
|
$190,000
1 Bed
1 Bath
875 ft²
|
$172,500
-9.21%
04/05/2024
|
Sambasiua Bekkam
Bekkam Real Estate
| |
|
12/01/2022
|
2 Bed
|
2 Bath
|
950 ft²
|
$208,000
2 Bed
2 Bath
950 ft²
|
$220,000
+5.77%
01/04/2023
|
Danielle Mannix
Compass
| |
|
01/09/2022
|
1 Bed
|
1 Bath
|
864 ft²
|
$180,000
1 Bed
1 Bath
864 ft²
|
-
-
|
Colleen Lee
Gerlach real estate, inc.
| |
|
08/23/2018
|
2 Bed
|
2 Bath
|
949 ft²
|
-
2 Bed
2 Bath
949 ft²
|
-
-
|
-
| |
|
06/16/2016
|
1 Bed
|
1 Bath
|
-
|
$100,000
1 Bed
1 Bath
|
$101,000
+1.00%
03/31/2017
|
David Goldberg
Goldberg Group Real Estate
|
Building Info
About Fairland
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Address: 335 Madison Avenue, New York, NY 10017