1902 Latham Drive
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 |
|---|---|---|---|
| Dec 13, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Nov 7, 2024 | Relisted | $16,500 | |
| Relisted | |||
| Nov 7, 2024 | Price Decreased |
$16,500
↓ $250
(1.5%) | |
| Price Decreased | |||
| Nov 1, 2024 | Price Decreased |
$16,750
↓ $150
(0.9%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Richmond
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$1,900 /mo
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Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224082352
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Address: 335 Madison Avenue, New York, NY 10017