1402 JOPPA FOREST DRIVE #16
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 |
|---|---|---|---|
| Mar 2, 2026 | Sold | ||
| Sold | |||
| Feb 2, 2026 | In contract | - | |
| In contract | |||
| Jan 27, 2026 | Price Decreased |
$260,000
↓ $5K
(1.9%) | |
| Price Decreased | |||
| Jan 10, 2026 | Price Decreased |
$265,000
↓ $9K
(3.3%) | |
| Price Decreased | |||
| Dec 24, 2025 | Relisted | $274,000 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/26/2025
|
2 Bed
|
2 Bath
|
1624 ft²
|
$290,000
2 Bed
2 Bath
1624 ft²
|
$260,000
-10.34%
03/02/2026
|
Lee Tessier
EXP Realty, LLC
| |
|
06/06/2025
|
2 Bed
|
2 Bath
|
1600 ft²
|
$279,000
2 Bed
2 Bath
1600 ft²
|
$267,000
-4.30%
01/08/2026
|
Laura Snyder
Keller Williams American Premier Realty, LLC
| |
|
05/03/2025
|
2 Bed
|
2 Bath
|
1600 ft²
|
$279,900
2 Bed
2 Bath
1600 ft²
|
$260,000
-7.11%
12/12/2025
|
Patricia Lane
Berkshire Hathaway HomeServices Homesale Realty
| |
|
02/11/2022
|
2 Bed
|
2 Bath
|
1625 ft²
|
$225,000
2 Bed
2 Bath
1625 ft²
|
-
-
|
RJ Magnaye
Keller Williams American Premier Realty, LLC
| |
|
07/23/2020
| |
2 Bed
|
2 Bath
|
-
|
$225,000
2 Bed
2 Bath
|
-
-
|
-
|
|
04/22/2019
| |
2 Bed
|
2 Bath
|
-
|
$224,500
2 Bed
2 Bath
|
-
-
|
-
|
|
03/27/2019
|
2 Bed
|
2 Bath
|
1625 ft²
|
$239,900
2 Bed
2 Bath
1625 ft²
|
-
-
|
-
| |
|
08/15/2018
|
2 Bed
|
2 Bath
|
1625 ft²
|
$214,900
2 Bed
2 Bath
1625 ft²
|
-
-
|
-
| |
|
09/02/2017
| |
2 Bed
|
2 Bath
|
1635 ft²
|
-
2 Bed
2 Bath
1635 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017