1540 Hunt Drive #D
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 20, 2021 | Sold | ||
| Sold | |||
| Jul 15, 2021 | Listed by Coldwell Banker Real Estate Group | $108,000 | |
| Listed by Coldwell Banker Real Estate Group | |||
| Dec 23, 2018 | No longer available | - | |
| No longer available | |||
| Nov 4, 2018 | Price Decreased |
$89,900
↓ $6K
(6.4%) | |
| Price Decreased | |||
| Oct 20, 2018 | Price Decreased |
$96,000
↓ $2K
(2%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/21/2024
|
3 Bed
|
1.5 Bath
|
1413 ft²
|
$125,000
3 Bed
1.5 Bath
1413 ft²
|
-
-
|
Amanda Wycoff
Berkshire Hathaway Central Illinois Realtors
| |
|
07/15/2021
|
3 Bed
|
2 Bath
|
1734 ft²
|
$108,000
3 Bed
2 Bath
1734 ft²
|
$106,000
-1.85%
08/20/2021
|
Ed Larsen
Coldwell Banker Real Estate Group
| |
|
08/07/2018
|
3 Bed
|
2 Bath
|
1734 ft²
|
-
3 Bed
2 Bath
1734 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017