16 Hall Place #2
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 |
|---|---|---|---|
| May 31, 2017 | Sold | ||
| Sold | |||
| Feb 6, 2017 | Listed by Betty LaBranche Real Estate, Inc. | $265,000 | |
| Listed by Betty LaBranche Real Estate, Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/06/2023
| |
3 Bed
|
1 Bath
|
1494 ft²
|
$275,000
3 Bed
1 Bath
1494 ft²
|
$275,000
02/16/2024
|
Roland Bousquet
Seacoast Mobile Home Brokers
|
|
05/19/2022
|
2 Bed
|
1 Bath
|
1368 ft²
|
$350,000
2 Bed
1 Bath
1368 ft²
|
$350,000
05/27/2022
|
Betty Labranche
Betty LaBranche Real Estate, Inc.
| |
|
03/08/2019
|
2 Bed
|
2 Bath
|
1368 ft²
|
$279,900
2 Bed
2 Bath
1368 ft²
|
-
-
|
-
| |
|
06/05/2017
|
2 Bed
|
3 Bath
|
1368 ft²
|
$279,900
2 Bed
3 Bath
1368 ft²
|
$272,000
-2.82%
06/30/2017
|
Sandy Healy
RE/MAX On the Move/Exeter
| |
|
02/06/2017
|
2 Bed
|
1 Bath
|
1368 ft²
|
$265,000
2 Bed
1 Bath
1368 ft²
|
$259,000
-2.26%
05/31/2017
|
Betty Labranche
Betty LaBranche Real Estate, Inc.
| |
|
01/24/2015
|
2 Bed
|
3 Bath
|
1280 ft²
|
$259,900
2 Bed
3 Bath
1280 ft²
|
$251,500
-3.23%
07/15/2015
|
Betty Labranche
Betty LaBranche Real Estate, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017