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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 |
|---|---|---|---|
| Feb 18, 2026 | Sold | ||
| Sold | |||
| Jan 19, 2026 | In contract | - | |
| In contract | |||
| Jan 9, 2026 | Price Decreased |
$279,500
↓ $15K
(5.2%) | |
| Price Decreased | |||
| Dec 19, 2025 | Listed by Picket Fence Properties | $294,900 | |
| Listed by Picket Fence Properties | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/19/2025
|
2 Bed
|
1 Bath
|
1074 ft²
|
$294,900
2 Bed
1 Bath
1074 ft²
|
$279,500
-5.22%
02/18/2026
|
Renee Bowlin
Picket Fence Properties
| |
|
06/04/2019
| |
4 Bed
|
2 Bath
|
2102 ft²
|
$125,000
4 Bed
2 Bath
2102 ft²
|
$136,000
+8.80%
08/29/2019
|
The Lioce Team
Keller Williams Realty Premier Properties
|
|
01/31/2011
| |
4 Bed
|
2 Bath
|
2104 ft²
|
$135,000
4 Bed
2 Bath
2104 ft²
|
$129,500
-4.07%
07/12/2012
|
Susan Dicks
ERA Key Realty Services
|
|
08/18/2005
| |
4 Bed
|
2 Bath
|
2286 ft²
|
$245,000
4 Bed
2 Bath
2286 ft²
|
$237,500
-3.06%
10/31/2005
|
Susan Dicks
ERA Key Realty Services
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017