15049 Varsity Street #C
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 |
|---|---|---|---|
| Feb 15, 2022 | Sold | ||
| Sold | |||
| Dec 29, 2021 | Listed by Berkshire Hathaway HomeServices California Realty | $459,900 | |
| Listed by Berkshire Hathaway HomeServices California Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/29/2021
|
2 Bed
|
2 Bath
|
1012 ft²
|
$459,900
2 Bed
2 Bath
1012 ft²
|
$525,500
+14.26%
02/15/2022
|
Jessica Burdzinski
Berkshire Hathaway HomeServices California Realty
| |
|
01/22/2019
|
2 Bed
|
2 Bath
|
1012 ft²
|
$378,750
2 Bed
2 Bath
1012 ft²
|
$384,000
+1.39%
03/12/2019
|
Nicholas Deseno
MJN Real Estate
| |
|
10/17/2014
|
3 Bed
|
2 Bath
|
1295 ft²
|
$290,000
3 Bed
2 Bath
1295 ft²
|
$290,000
12/05/2014
|
Linda Toth
Century 21 Hilltop
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017