1600 Park Road #BLOCK
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%.
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 |
|---|---|---|---|
| Dec 12, 2023 | No longer available | - | |
| No longer available | |||
| Dec 7, 2023 | Sold | ||
| Sold | |||
| Nov 14, 2023 | In contract | - | |
| In contract | |||
| Mar 29, 2023 | Price Decreased |
$79,000
↓ $131K
(62.4%) | |
| Price Decreased | |||
| Aug 5, 2021 | Listed by TOM SCHINDLER, REALTOR | $210,000 | |
| Listed by TOM SCHINDLER, REALTOR | |||
| | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/21/2023
| |
4 Bed
|
2 Bath
|
2272 ft²
|
$184,000
4 Bed
2 Bath
2272 ft²
|
$182,000
-1.09%
10/12/2023
|
Tamra Allen
Green Key Real Estate, LLC
|
|
08/05/2021
|
Loft
|
-
|
-
|
$210,000
Loft
-
|
-
-
|
Tom Schindler
TOM SCHINDLER, REALTOR
| |
|
01/04/2019
|
Loft
|
-
|
-
|
$79,000
Loft
-
|
$75,000
-5.06%
12/07/2023
|
Tom Schindler
TOM SCHINDLER, REALTOR
|
Building Info
About Jackson
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Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21037607
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017