2 Conrad Circle #2
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 |
|---|---|---|---|
| Apr 27, 2023 | Sold | ||
| Sold | |||
| Jan 30, 2023 | In contract | - | |
| In contract | |||
| Jan 25, 2023 | Price Increased |
$569,900
↑ $10K
(1.8%) | |
| Price Increased | |||
| Oct 28, 2022 | Listed by Kelley & Katzer Real Estate, LLC | $559,900 | |
| Listed by Kelley & Katzer Real Estate, LLC | |||
| Oct 25, 2022 | Temporarily off market | - | |
| Temporarily off market | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/28/2022
|
3 Bed
|
3 Bath
|
1909 ft²
|
$559,900
3 Bed
3 Bath
1909 ft²
|
$590,475
+5.46%
04/27/2023
|
Mark Carmien
Maple and Main Realty, LLC
| |
|
04/01/2022
|
3 Bed
|
3 Bath
|
-
|
$559,900
3 Bed
3 Bath
|
-
-
|
Kelley and Katzer Team
Kelley & Katzer Real Estate, LLC
| |
|
05/14/2020
| |
4 Bed
|
2 Bath
|
1880 ft²
|
$565,000
4 Bed
2 Bath
1880 ft²
|
$601,000
+6.37%
07/31/2020
|
Leslie Pappas
Coldwell Banker Residential Brokerage - Beverly
|
|
11/07/2011
| |
4 Bed
|
2 Bath
|
1960 ft²
|
$389,000
4 Bed
2 Bath
1960 ft²
|
$373,000
-4.11%
01/13/2012
|
Fay Salt
Coldwell Banker Residential Brokerage - Beverly
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017