1612 BLACKSMITH WAY UNIT B #B
About This Property
Schedule an in person or online plan and price review. We area open 11-5 Saturday and Sunday onsite and by appointment during the week. Incentives include pre-construction pricing and $10,000 in closing incentives. JOIN US FOR OUR PRESALE SAVINGS AND AN ADDITIONAL 5K! THE UNIT IS AVAILABLE FOR IN PERSON WALK-THROUGH WHILE UNDER CONSTRUCTION
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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 2, 2024 | Sold | ||
| Sold | |||
| Jul 7, 2024 | In contract | - | |
| In contract | |||
| Jun 4, 2024 | Price Increased |
$367,526
↑ $85
(0%) | |
| Price Increased | |||
| Jun 3, 2024 | Price Increased |
$367,441
↑ $2K
(0.5%) | |
| Price Increased | |||
| Jun 2, 2024 | Price Increased |
$365,500
↑ $3K
(0.7%) | |
| Price Increased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/02/2024
|
2 Bed
|
2 Bath
|
1272 ft²
|
$358,000
2 Bed
2 Bath
1272 ft²
|
$367,526
+2.66%
10/02/2024
|
Kelly Moskala
Long & Foster Real Estate, Inc.
| |
|
02/20/2024
|
3 Bed
|
3 Bath
|
2242 ft²
|
$436,657
3 Bed
3 Bath
2242 ft²
|
$438,694
+0.47%
09/30/2024
|
Kelly Moskala
Long & Foster Real Estate, Inc.
| |
|
01/18/2024
|
3 Bed
|
3 Bath
|
2527 ft²
|
$430,000
3 Bed
3 Bath
2527 ft²
|
$470,578
+9.44%
09/30/2024
|
Kelly Moskala
Long & Foster Real Estate, Inc.
| |
|
11/09/2023
|
3 Bed
|
3 Bath
|
1774 ft²
|
$390,000
3 Bed
3 Bath
1774 ft²
|
$413,495
+6.02%
10/01/2024
|
Kelly Moskala
Long & Foster Real Estate, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017