140 Myrtle Street #21
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 |
|---|---|---|---|
| Aug 12, 2014 | Sold | ||
| Sold | |||
| Jan 11, 2013 | Listed by Ownit a Real Estate Firm | $499,000 | |
| Listed by Ownit a Real Estate Firm | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/30/2014
|
2 Bed
|
2 Bath
|
1652 ft²
|
$399,000
2 Bed
2 Bath
1652 ft²
|
$399,000
07/31/2014
|
Paula Otto
Ownit a Real Estate Firm
| |
|
02/17/2014
|
2 Bed
|
2 Bath
|
1553 ft²
|
$399,000
2 Bed
2 Bath
1553 ft²
|
$399,000
09/18/2014
|
Paula Otto
Ownit a Real Estate Firm
| |
|
02/02/2014
|
2 Bed
|
2 Bath
|
1577 ft²
|
$399,000
2 Bed
2 Bath
1577 ft²
|
$399,000
07/09/2014
|
John Herrera
Ownit a Real Estate Firm
| |
|
07/09/2013
|
2 Bed
|
2 Bath
|
1553 ft²
|
$399,000
2 Bed
2 Bath
1553 ft²
|
$399,000
05/01/2014
|
Paula Otto
Ownit a Real Estate Firm
| |
|
01/11/2013
|
2 Bed
|
3 Bath
|
2123 ft²
|
$499,000
2 Bed
3 Bath
2123 ft²
|
$499,000
08/12/2014
|
John Herrera
Ownit a Real Estate Firm
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017