1522 NORTHGATE SQUARE #2A
About This Property
The manager has listed the unit size as 748 square feet.
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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 |
|---|---|---|---|
| Jun 28, 2022 | No longer available | - | |
| No longer available | |||
| May 26, 2022 | In contract | - | |
| In contract | |||
| May 23, 2022 | Price Decreased |
$215,000
↓ $10K
(4.4%) | |
| Price Decreased | |||
| May 20, 2022 | Relisted | $225,000 | |
| Relisted | |||
| May 20, 2022 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/25/2022
|
2 Bed
|
1 Bath
|
993 ft²
|
$259,000
2 Bed
1 Bath
993 ft²
|
$266,000
+2.70%
03/31/2023
|
N. Casey Margenau
Casey Margenau Fine Homes and Estates LLC
| |
|
05/06/2022
|
1 Bed
|
1 Bath
|
748 ft²
|
$225,000
1 Bed
1 Bath
748 ft²
|
-
-
|
Ritu Desai
Samson Properties
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017