151 Fairharbor Drive #151
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 |
|---|---|---|---|
| Aug 13, 2026 | Sold | ||
| Sold | |||
| May 21, 2026 | In contract | - | |
| In contract | |||
| May 9, 2026 | In contract | - | |
| In contract | |||
| Jan 23, 2026 | Price Decreased |
$249,000
↓ $6K
(2.3%) | |
| Price Decreased | |||
| Nov 26, 2025 | Price Decreased |
$254,900
↓ $5K
(1.9%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/18/2023
|
1 Bed
|
1 Bath
|
-
|
$239,999
1 Bed
1 Bath
|
$245,000
+2.08%
10/17/2023
|
Desiree Lofredo
Douglas Elliman Real Estate
| |
|
08/06/2018
| |
1 Bed
|
1 Bath
|
-
|
$135,000
1 Bed
1 Bath
|
$140,000
+3.70%
10/24/2018
|
Carol M. Harrison Miceli
Marylou Swan Realty Corp
|
|
04/14/2017
|
1 Bed
|
1 Bath
|
-
|
$99,000
1 Bed
1 Bath
|
$97,000
-2.02%
08/15/2017
|
Trudy Lauben
Coldwell Banker M&D Good Life
| |
|
04/07/2014
|
1 Bed
|
1 Bath
|
-
|
$94,500
1 Bed
1 Bath
|
$90,000
-4.76%
08/07/2014
|
Rebecca A. Byrne
Douglas Elliman Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017