18 Myrtle Sq. #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 |
|---|---|---|---|
| Aug 10, 2018 | Sold | ||
| Sold | |||
| Jun 28, 2018 | Listed by EXIT Realty Group | $374,000 | |
| Listed by EXIT Realty Group | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/19/2018
|
3 Bed
|
3 Bath
|
1663 ft²
|
$379,000
3 Bed
3 Bath
1663 ft²
|
$365,000
-3.69%
10/29/2018
|
Patty Knaggs
Carlson GMAC Real Estate
| |
|
06/28/2018
|
3 Bed
|
3 Bath
|
1445 ft²
|
$374,000
3 Bed
3 Bath
1445 ft²
|
$380,000
+1.60%
08/10/2018
|
Patty Knaggs
Carlson GMAC Real Estate
| |
|
08/07/2017
| |
6 Bed
|
2 Bath
|
2238 ft²
|
$269,000
6 Bed
2 Bath
2238 ft²
|
$269,000
11/30/2017
|
Holly Chiancola
Holly C & Co. Fine Homes
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017