1800 Ionic Dr #B
About This Property
The manager has listed the unit size as 828 square feet.
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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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/22/2025
|
2 Bed
|
1 Bath
|
980 ft²
|
$230,000
2 Bed
1 Bath
980 ft²
|
$235,000
+2.17%
08/29/2025
|
Jackson Kyhl
New Western Acquisitions
| |
|
11/07/2024
|
1 Bed
|
1 Bath
|
728 ft²
|
$263,900
1 Bed
1 Bath
728 ft²
|
$263,900
05/02/2025
|
Kevin Chard
Phoenix Realty & Property Mngt
| |
|
02/24/2021
|
1 Bed
|
1 Bath
|
828 ft²
|
$250,000
1 Bed
1 Bath
828 ft²
|
$250,000
03/25/2021
|
Donald Cicchillo
| |
|
01/08/2015
|
1 Bed
|
1 Bath
|
828 ft²
|
$139,900
1 Bed
1 Bath
828 ft²
|
$146,500
+4.72%
02/17/2015
|
April Neuhaus
Better Homes & Gardens Real Estate-Neuhaus
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017