1
Map
1980 ERVING CIRCLE #107
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 20, 2026 | Sold | ||
| Sold | |||
| Jul 30, 2026 | In contract | - | |
| In contract | |||
| Jul 14, 2026 | Listed by PREMIUM REALTY ADVISORS LLC | $169,999 | |
| Listed by PREMIUM REALTY ADVISORS LLC | |||
| May 29, 2025 | Price Increased |
$205,000
↑ $6K
(3%) | |
| Price Increased | |||
| May 7, 2025 | Price Decreased |
$199,000
↓ $6K
(2.9%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/10/2025
|
1 Bed
|
1 Bath
|
702 ft²
|
$167,000
1 Bed
1 Bath
702 ft²
|
$155,700
-6.77%
02/04/2025
|
Ranya Abou Sada De Mizher
ODRY VARGAS REALTY GROUP
| |
|
07/01/2022
|
2 Bed
|
2 Bath
|
1158 ft²
|
$195,000
2 Bed
2 Bath
1158 ft²
|
$200,000
+2.56%
08/23/2022
|
Matt Buttner
LIST NOW REALTY, LLC
| |
|
11/19/2021
|
1 Bed
|
1 Bath
|
702 ft²
|
$130,000
1 Bed
1 Bath
702 ft²
|
$136,000
+4.62%
12/09/2021
|
Imran Nazer
PREMIUM REALTY ADVISORS LLC
| |
|
06/06/2019
|
2 Bed
|
2 Bath
|
1100 ft²
|
$140,000
2 Bed
2 Bath
1100 ft²
|
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-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017