159 Taft DRIVE #E205
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 |
|---|---|---|---|
| Sep 4, 2024 | Sold | ||
| Sold | |||
| Jun 13, 2024 | In contract | - | |
| In contract | |||
| Apr 20, 2024 | Relisted | $2,775,000 | |
| Relisted | |||
| Jan 4, 2024 | No longer available | - | |
| No longer available | |||
| Jul 27, 2023 | Listed by BRISTA REALTY LLC | $2,775,000 | |
| Listed by BRISTA REALTY LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/10/2026
|
3 Bed
|
3 Bath
|
2460 ft²
|
$2,825,000
3 Bed
3 Bath
2460 ft²
|
-
-
|
Rian Carver
FINE PROPERTIES
| |
|
07/27/2023
|
3 Bed
|
3 Bath
|
2650 ft²
|
$2,775,000
3 Bed
3 Bath
2650 ft²
|
$2,525,000
-9.01%
09/04/2024
|
Anna Chesanek
LOKATION
| |
|
04/28/2023
|
3 Bed
|
3 Bath
|
2460 ft²
|
$2,699,000
3 Bed
3 Bath
2460 ft²
|
$2,450,000
-9.23%
08/15/2023
|
Nicholle McKiernan
COLDWELL BANKER REALTY
| |
|
12/21/2022
|
3 Bed
|
3 Bath
|
2460 ft²
|
$3,500,000
3 Bed
3 Bath
2460 ft²
|
-
-
|
Judy Kepecz-Hays
COLDWELL BANKER REALTY
| |
|
11/11/2022
|
3 Bed
|
3 Bath
|
2460 ft²
|
$2,850,000
3 Bed
3 Bath
2460 ft²
|
-
-
|
Darrin Campbell
MEDWAY REALTY
| |
|
10/27/2022
|
3 Bed
|
3 Bath
|
2460 ft²
|
$2,899,500
3 Bed
3 Bath
2460 ft²
|
$2,630,000
-9.29%
01/25/2023
|
Ray Collins
COLDWELL BANKER REALTY
| |
|
11/12/2021
|
3 Bed
|
3 Bath
|
2460 ft²
|
$2,950,000
3 Bed
3 Bath
2460 ft²
|
$2,800,000
-5.08%
12/15/2021
|
Judy Kepecz-Hays
COLDWELL BANKER REALTY
| |
|
10/28/2020
|
3 Bed
|
3 Bath
|
2228 ft²
|
$1,725,000
3 Bed
3 Bath
2228 ft²
|
-
-
|
-
| |
|
05/15/2018
| |
3 Bed
|
3 Bath
|
2458 ft²
|
-
3 Bed
3 Bath
2458 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017