1375 Main 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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 2, 2003 | Sold | ||
| Sold | |||
| Mar 15, 2002 | Listed by Phyllis Larkin | $389,000 | |
| Listed by Phyllis Larkin | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/15/2002
|
3 Bed
|
3 Bath
|
2200 ft²
|
$399,900
3 Bed
3 Bath
2200 ft²
|
$399,900
12/30/2002
|
Phyllis Larkin
Phyllis Larkin
| |
|
03/15/2002
|
3 Bed
|
3 Bath
|
2200 ft²
|
$399,900
3 Bed
3 Bath
2200 ft²
|
$391,902
-2.00%
12/27/2002
|
Phyllis Larkin
Phyllis Larkin
| |
|
03/15/2002
|
3 Bed
|
3 Bath
|
2000 ft²
|
$399,900
3 Bed
3 Bath
2000 ft²
|
$437,100
+9.30%
01/11/2003
|
Phyllis Larkin
Phyllis Larkin
| |
|
03/15/2002
|
3 Bed
|
3 Bath
|
2200 ft²
|
$389,900
3 Bed
3 Bath
2200 ft²
|
$389,900
12/31/2002
|
Susan Carlino
RE/MAX Andrew Realty Services
| |
|
03/15/2002
|
2 Bed
|
3 Bath
|
2000 ft²
|
$389,900
2 Bed
3 Bath
2000 ft²
|
$375,000
-3.82%
10/01/2003
|
Rick Nazzaro
Colonial Manor Realty
| |
|
03/15/2002
|
2 Bed
|
3 Bath
|
2000 ft²
|
$389,000
2 Bed
3 Bath
2000 ft²
|
$382,000
-1.80%
06/02/2003
|
Phyllis Larkin
Phyllis Larkin
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017