1802 Mariner DRIVE #23
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 |
|---|---|---|---|
| May 20, 2024 | Sold | ||
| Sold | |||
| Apr 19, 2024 | In contract | - | |
| In contract | |||
| Mar 27, 2024 | Price Decreased |
$345,000
↓ $4K
(1.2%) | |
| Price Decreased | |||
| Mar 8, 2024 | Price Decreased |
$349,000
↓ $16K
(4.4%) | |
| Price Decreased | |||
| Feb 8, 2024 | Listed by CHARLES RUTENBERG REALTY INC | $365,000 | |
| Listed by CHARLES RUTENBERG REALTY INC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/14/2024
|
2 Bed
|
2 Bath
|
1065 ft²
|
$400,000
2 Bed
2 Bath
1065 ft²
|
$365,000
-8.75%
02/21/2025
|
Jenifer Smith
KELLER WILLIAMS REALTY
| |
|
06/12/2024
|
2 Bed
|
2 Bath
|
1065 ft²
|
$450,000
2 Bed
2 Bath
1065 ft²
|
$390,000
-13.33%
01/10/2025
|
Kristin Cooper
BELLOISE REALTY
| |
|
02/08/2024
|
2 Bed
|
2 Bath
|
1165 ft²
|
$365,000
2 Bed
2 Bath
1165 ft²
|
$325,000
-10.96%
05/20/2024
|
Anne Sheridan
CHARLES RUTENBERG REALTY INC
| |
|
10/11/2022
|
2 Bed
|
2 Bath
|
1065 ft²
|
$334,900
2 Bed
2 Bath
1065 ft²
|
$345,100
+3.05%
01/31/2023
|
Michael Constantine
Remax Advantage Realty
| |
|
07/22/2022
|
2 Bed
|
2 Bath
|
1065 ft²
|
$334,900
2 Bed
2 Bath
1065 ft²
|
$335,000
+0.03%
01/17/2023
|
Sherry Zhou
FUTURE HOME REALTY INC
| |
|
04/23/2020
|
2 Bed
|
2 Bath
|
1065 ft²
|
$249,900
2 Bed
2 Bath
1065 ft²
|
$245,000
-1.96%
05/26/2020
|
Ralph Harvey
|
Building Info
- 3 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017