1427 NORTHGATE SQ #1A
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 |
|---|---|---|---|
| Sep 28, 2022 | No longer available | - | |
| No longer available | |||
| Sep 23, 2022 | In contract | - | |
| In contract | |||
| Aug 11, 2022 | Listed | $205,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/05/2026
|
2 Bed
|
2 Bath
|
986 ft²
|
$324,900
2 Bed
2 Bath
986 ft²
|
$330,000
+1.57%
03/23/2026
|
Monika Kumar
Keller Williams - Reston/Herndon
| |
|
12/13/2024
|
1 Bed
|
1 Bath
|
748 ft²
|
$249,999
1 Bed
1 Bath
748 ft²
|
$262,500
+5.00%
01/10/2025
|
Joan Stansfield
Keller Williams Realty
| |
|
08/11/2022
| |
1 Bed
|
1 Bath
|
-
|
$205,000
1 Bed
1 Bath
|
-
-
|
Rob Cox
Reston
|
|
01/02/2020
| |
2 Bed
|
2 Bath
|
-
|
$239,900
2 Bed
2 Bath
|
-
-
|
-
|
|
04/11/2019
|
1 Bed
|
1 Bath
|
748 ft²
|
$195,000
1 Bed
1 Bath
748 ft²
|
$188,000
-3.59%
07/19/2019
|
Roya Delaney
RE/MAX Gateway
|
Building Info
- 1 Unit for Sale
About Reston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017