1487 PROSPECT PL #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%.
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 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 | |||
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