1590 MASTERS DRIVE #18
About This Property
Recently renovated to feature brand new flooring, countertops, fixtures, and more, this property offers a fresh, modern appeal. Don't miss out on the chance to capitalize on this perfect investment for multi-family property enthusiasts!
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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 |
|---|---|---|---|
| Jul 15, 2025 | Sold | ||
| Sold | |||
| Apr 18, 2025 | In contract | - | |
| In contract | |||
| Apr 18, 2025 | Relisted | $2,200,000 | |
| Relisted | |||
| Apr 17, 2025 | In contract | - | |
| In contract | |||
| Jan 25, 2025 | Relisted | $2,200,000 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/24/2024
| |
16 Bed
|
-
|
9064 ft²
|
$2,300,000
16 Bed
-
9064 ft²
|
-
-
|
Eric Maimo
COLDWELL BANKER COMMERCIAL PREMIER PROPERTIES
|
|
01/30/2024
|
16 Bed
|
-
|
9064 ft²
|
$2,300,000
16 Bed
-
9064 ft²
|
$2,025,000
-11.96%
07/15/2025
|
Eric Maimo
COLDWELL BANKER COMMERCIAL PREMIER PROPERTIES
| |
|
11/10/2021
|
Loft
|
-
|
9064 ft²
|
$2,217,895
Loft
-
9064 ft²
|
-
-
|
Eric Maimo
COLDWELL BANKER COMMERCIAL PREMIER PROPERTIES
| |
|
01/14/2021
|
3 Bed
|
3 Bath
|
1133 ft²
|
$155,000
3 Bed
3 Bath
1133 ft²
|
$149,000
-3.87%
05/10/2021
|
Don Pratt
Coldwell Banker Premier Properties (SM)
| |
|
07/31/2017
| |
3 Bed
|
2.5 Bath
|
1133 ft²
|
-
3 Bed
2.5 Bath
1133 ft²
|
-
-
|
-
|
|
05/05/2017
|
6 Bed
|
6 Bath
|
2266 ft²
|
$250,000
6 Bed
6 Bath
2266 ft²
|
-
-
|
Pavel Martynenko
Florida Homes Realty & Mortgage
| |
|
05/04/2017
|
3 Bed
|
3 Bath
|
1133 ft²
|
$125,000
3 Bed
3 Bath
1133 ft²
|
-
-
|
Pavel Martynenko
Florida Homes Realty & Mortgage
| |
|
05/04/2017
|
3 Bed
|
3 Bath
|
1133 ft²
|
$125,000
3 Bed
3 Bath
1133 ft²
|
-
-
|
Pavel Martynenko
Florida Homes Realty & Mortgage
| |
|
01/06/2012
|
3 Bed
|
3 Bath
|
1133 ft²
|
$59,900
3 Bed
3 Bath
1133 ft²
|
$55,100
-8.01%
04/02/2012
|
B Johnson
FIRST COAST REALTY, INC
| |
|
09/20/2009
|
3 Bed
|
3 Bath
|
1193 ft²
|
$133,900
3 Bed
3 Bath
1193 ft²
|
-
-
|
Teresa Jacalone
Watson Realty Corp (US1 South)
| |
|
09/20/2006
|
3 Bed
|
4 Bath
|
1250 ft²
|
$181,500
3 Bed
4 Bath
1250 ft²
|
-
-
|
Michael Thomas
REALTY ONE GROUP MVP
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017