1540 NORTHGATE SQUARE #21B
About This Property
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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%.
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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 14, 2026 | Sold | ||
| Sold | |||
| Aug 5, 2026 | In contract | - | |
| In contract | |||
| Jul 10, 2026 | Price Decreased |
$299,000
↓ $16K
(5.1%) | |
| Price Decreased | |||
| May 24, 2026 | Price Decreased |
$315,000
↓ $3K
(0.9%) | |
| Price Decreased | |||
| May 23, 2026 | Listed by Coldwell Banker Realty | $318,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/23/2026
|
2 Bed
|
1 Bath
|
986 ft²
|
$318,000
2 Bed
1 Bath
986 ft²
|
$302,000
-5.03%
08/14/2026
|
Roxanne Watts
Coldwell Banker Realty
| |
|
04/25/2025
|
3 Bed
|
2 Bath
|
1234 ft²
|
$385,000
3 Bed
2 Bath
1234 ft²
|
$375,000
-2.60%
08/04/2025
|
Guillermo Salmon
Samson Properties
| |
|
01/19/2021
| |
3 Bed
|
2 Bath
|
-
|
$320,000
3 Bed
2 Bath
|
-
-
|
-
|
|
12/27/2019
|
1 Bed
|
1 Bath
|
748 ft²
|
$200,000
1 Bed
1 Bath
748 ft²
|
$192,000
-4.00%
01/29/2020
|
David Ingram
Weichert, REALTORS
| |
|
09/19/2019
|
3 Bed
|
2 Bath
|
1234 ft²
|
$299,900
3 Bed
2 Bath
1234 ft²
|
$290,000
-3.30%
07/28/2020
|
Gitte Long
|
Building Info
About Reston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017