1385 Pendleton Avenue #1385
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 |
|---|---|---|---|
| Jul 9, 2025 | Sold | ||
| Sold | |||
| Jun 3, 2025 | In contract | - | |
| In contract | |||
| May 30, 2025 | Listed | $199,900 | |
| Listed | |||
| May 15, 2007 | Sold | ||
| Sold | |||
| Mar 9, 2007 | Listed by Maak Real Estate | $154,900 | |
| Listed by Maak Real Estate | |||
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Spacious two-bedroom condominium located minutes away from major routes. Features include a large living room, laminated floors in the kitchen, a large bedroom with two good-sized closets, ceramic-tiled walls in the bathroom, a finished basement with a finished room that could be a third bedroom, and replacement windows thoughout. Enjoy carefree living in this beautiful property with a pool, clubhouse, and tennis court in the community.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/30/2025
|
2 Bed
|
1 Bath
|
1050 ft²
|
$199,900
2 Bed
1 Bath
1050 ft²
|
$210,000
+5.05%
07/09/2025
|
Monica Dusseault
Berkshire Hathaway HomeServices Realty Professionals
| |
|
03/09/2007
|
2 Bed
|
1 Bath
|
1030 ft²
|
$154,900
2 Bed
1 Bath
1030 ft²
|
$145,000
-6.39%
05/15/2007
|
Paula Maak
Maak Real Estate
| |
|
06/06/2005
|
2 Bed
|
1 Bath
|
1030 ft²
|
$129,900
2 Bed
1 Bath
1030 ft²
|
$125,000
-3.77%
07/29/2005
|
Joni Fleming
ERA M Connie Laplante
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017