1607 Clark Avenue
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 |
|---|---|---|---|
| Apr 29, 2026 | Sold | ||
| Sold | |||
| Apr 11, 2026 | In contract | - | |
| In contract | |||
| Apr 11, 2026 | Price Decreased |
$26,000
↓ $3K
(8.8%) | |
| Price Decreased | |||
| Mar 10, 2026 | Price Decreased |
$28,500
↓ $6K
(17.2%) | |
| Price Decreased | |||
| Nov 4, 2025 | Listed by EXP Realty LLC | $34,400 | |
| Listed by EXP Realty LLC | |||
Property Highlights
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About Richmond
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017