1487 Prospect Place #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 |
|---|---|---|---|
| Mar 21, 2022 | Sold | ||
| Sold | |||
| Jul 30, 2021 | Sold | ||
| Sold | |||
| Sep 17, 2018 | Sold | ||
| Sold | |||
| May 3, 2016 | Sold | ||
| Sold | |||
| Feb 4, 2016 | Listed by Halstead dba Brown Harris Stevens Residential Sales LLC | $475,000 | |
| Listed by Halstead dba Brown Harris Stevens Residential Sales LLC | |||
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Chic, spacious and renovated describes this 3 bedroom condo located in the Weeksville section of Crown Heights. This immaculately kept and well organized, south facing unit has it all. It includes a beautiful, custom open kitchen with granite counter tops, stainless steel appliances and dishwasher. The unit also offers lots of closet space, nice sized bedrooms, large windows and beautiful hardwood floors throughout. Private storage with washer/dryer complete this fabulous space. Located within close proximity to supermarkets, Weeksville Heritage Center, pharmacies and transportation, the Utica A/C and 2/3 are both a short distance away. Pets are welcome.
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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 |
|---|---|---|---|---|---|---|---|
|
02/12/2016
|
2 Bed
|
1 Bath
|
-
|
$399,000
2 Bed
1 Bath
|
-
-
|
Shaniqua C Carter
Halstead Brooklyn LLC
| |
|
02/04/2016
|
3 Bed
|
1 Bath
|
931 ft²
|
$475,000
3 Bed
1 Bath
931 ft²
|
$475,000
02/05/2021
|
Shaniqua C Carter
Halstead Brooklyn LLC
| |
|
03/20/2014
|
2 Bed
|
1 Bath
|
1119 ft²
|
$296,000
2 Bed
1 Bath
1119 ft²
|
$296,000
05/22/2014
|
Gregory P. Ottey
Voro LLC
| |
|
08/29/2013
|
3 Bed
|
1 Bath
|
1057 ft²
|
$319,000
3 Bed
1 Bath
1057 ft²
|
$299,000
-6.27%
10/16/2013
|
Gregory P. Ottey
Voro LLC
| |
|
07/17/2013
|
3 Bed
|
1 Bath
|
1463 ft²
|
$355,000
3 Bed
1 Bath
1463 ft²
|
$340,000
-4.23%
11/13/2013
|
Gregory P. Ottey
Voro LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017