150-56 Sullivan Drive
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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 |
|---|---|---|---|
| Jul 13, 2023 | Sold | ||
| Sold | |||
| Dec 26, 2018 | Listed by Daniel Gale Associates Inc | $1,998,000 | |
| Listed by Daniel Gale Associates Inc | |||
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New Whitestone Development, The Bridges At Whitestone. Brick And Precast Stone Center Hall Colonials 4 Bedrooms, 3.5 Baths. Designed By Renowned Architect And Built By Award Winning Developer. High End Architectural Details Throughout, Hardwood Floors, Marble Entry, 9'8" Ceilings On 1st Fl And Cathedral On 2nd Fl. Close Proximity To Major Highways, Airports, Nyc
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About Northeastern Queens
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017