LOT 2 Third Street #21E
About This Property
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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
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2007 | Sold | ||
| Sold | |||
| Jan 13, 2007 | Listed by Afonso Real Estate | $251,000 | |
| Listed by Afonso Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/13/2007
|
3 Bed
|
3 Bath
|
1650 ft²
|
$251,000
3 Bed
3 Bath
1650 ft²
|
$251,000
08/20/2007
|
Sean Kelly
Lamacchia Realty, Inc.
| |
|
07/28/2006
|
3 Bed
|
3 Bath
|
1650 ft²
|
$234,900
3 Bed
3 Bath
1650 ft²
|
$242,000
+3.02%
10/31/2006
|
Donna Majowicz
Park Avenue Realty Associates
| |
|
10/28/2005
|
3 Bed
|
3 Bath
|
1650 ft²
|
$234,900
3 Bed
3 Bath
1650 ft²
|
$210,000
-10.60%
02/16/2007
|
Dianne McGillivray
Century 21 Millennium
| |
|
10/28/2005
|
3 Bed
|
3 Bath
|
1650 ft²
|
$234,900
3 Bed
3 Bath
1650 ft²
|
$234,900
12/28/2006
|
Jennifer Perritt
Cornerstone Realty Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017