16 12TH Street #A
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 |
|---|---|---|---|
| Oct 7, 2019 | Sold | ||
| Sold | |||
| Aug 7, 2019 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $410,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
| Aug 3, 2019 | No longer available | - | |
| No longer available | |||
| Jul 12, 2019 | Price Decreased |
$399,900
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Jul 4, 2019 | Price Decreased |
$409,900
↓ $9K
(2.2%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/07/2019
|
3 Bed
|
3 Bath
|
1565 ft²
|
$410,000
3 Bed
3 Bath
1565 ft²
|
$406,000
-0.98%
09/27/2019
|
Melissa Ott
Berkshire Hathaway Homeservices Florida Network Realty
| |
|
01/19/2019
|
3 Bed
|
3 Bath
|
1575 ft²
|
$449,000
3 Bed
3 Bath
1575 ft²
|
$406,000
-9.58%
10/07/2019
|
Deborah Krantz
| |
|
05/24/2010
|
3 Bed
|
3 Bath
|
1500 ft²
|
$207,000
3 Bed
3 Bath
1500 ft²
|
$190,000
-8.21%
07/30/2010
|
Wendy Sawyer
Prime Real Estate Company
| |
|
11/08/2006
| |
3 Bed
|
3 Bath
|
1520 ft²
|
$419,000
3 Bed
3 Bath
1520 ft²
|
$403,000
-3.82%
12/28/2006
|
CAROL ANN BENJAMIN
LIGHTHOUSE REALTY ASSOCIATES
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017