1940 3RD ST NE #3
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 7, 2023 | Sold | ||
| Sold | |||
| Jul 16, 2023 | In contract | - | |
| In contract | |||
| Jun 5, 2023 | Relisted | $489,900 | |
| Relisted | |||
| May 23, 2023 | In contract | - | |
| In contract | |||
| Mar 11, 2023 | Relisted | $489,900 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/28/2022
| |
2 Bed
|
2.5 Bath
|
-
|
$799,900
2 Bed
2.5 Bath
|
-
-
|
Barak Sky
Bethesda
|
|
07/30/2023
|
2 Bed
|
2 Bath
|
1160 ft²
|
$619,900
2 Bed
2 Bath
1160 ft²
|
$590,000
-4.82%
06/03/2024
|
Barak Sky
Long & Foster Real Estate, Inc.
| |
|
06/02/2023
|
2 Bed
|
2 Bath
|
1030 ft²
|
$519,900
2 Bed
2 Bath
1030 ft²
|
$530,000
+1.94%
06/30/2023
|
Barak Sky
Long & Foster Real Estate, Inc.
| |
|
03/10/2023
|
2 Bed
|
2 Bath
|
1035 ft²
|
$539,900
2 Bed
2 Bath
1035 ft²
|
$570,000
+5.58%
05/18/2023
|
Barak Sky
Long & Foster Real Estate, Inc.
| |
|
03/10/2023
|
2 Bed
|
2 Bath
|
1075 ft²
|
$569,900
2 Bed
2 Bath
1075 ft²
|
$528,000
-7.35%
11/01/2023
|
Barak Sky
Long & Foster Real Estate, Inc.
| |
|
01/27/2023
|
2 Bed
|
2 Bath
|
1160 ft²
|
$589,000
2 Bed
2 Bath
1160 ft²
|
$600,000
+1.87%
03/16/2023
|
Barak Sky
Long & Foster Real Estate, Inc.
| |
|
01/27/2023
|
2 Bed
|
2 Bath
|
1075 ft²
|
$510,000
2 Bed
2 Bath
1075 ft²
|
$535,000
+4.90%
06/05/2023
|
Barak Sky
Long & Foster Real Estate, Inc.
| |
|
01/27/2023
|
2 Bed
|
2 Bath
|
1070 ft²
|
$489,900
2 Bed
2 Bath
1070 ft²
|
$489,900
08/07/2023
|
Barak Sky
Long & Foster Real Estate, Inc.
| |
|
12/08/2021
| |
2 Bed
|
2 Bath
|
-
|
$589,900
2 Bed
2 Bath
|
-
-
|
Barak Sky
Bethesda
|
Building Info
- 1 Unit for Sale
About Northeast Washington
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$3,828 /mo
- 2 Beds
- 1 Bath
- 1,150 ft²
$2,600 /mo
- 1 Bed
- 1 Bath
- 743 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017