45
Map
2 Del Ray
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%.
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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 |
|---|---|---|---|
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Jun 2, 2026 | In contract | - | |
| In contract | |||
| Apr 20, 2026 | Listed by McGinn & Associates Realty, LLC | $799,900 | |
| Listed by McGinn & Associates Realty, LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/20/2026
| |
2 Bed
|
1 Bath
|
3896 ft²
|
$799,900
2 Bed
1 Bath
3896 ft²
|
$799,900
07/31/2026
|
Mark McGinn
McGinn & Associates Realty, LLC
|
|
05/12/2021
|
2 Bed
|
3 Bath
|
2057 ft²
|
$650,000
2 Bed
3 Bath
2057 ft²
|
$650,000
07/19/2022
|
Linda O'Koniewski
Leading Edge Real Estate
| |
|
02/23/2021
|
2 Bed
|
3 Bath
|
2057 ft²
|
$630,000
2 Bed
3 Bath
2057 ft²
|
$697,980
+10.79%
06/01/2022
|
Linda O'Koniewski
Leading Edge Real Estate
| |
|
01/20/2021
|
2 Bed
|
3 Bath
|
2157 ft²
|
$530,000
2 Bed
3 Bath
2157 ft²
|
$530,000
11/15/2021
|
Alie Broom
Compass
| |
|
12/07/2020
|
2 Bed
|
3 Bath
|
2157 ft²
|
$540,000
2 Bed
3 Bath
2157 ft²
|
$597,532
+10.65%
08/10/2021
|
Alie Broom
Compass
| |
|
11/04/2020
|
2 Bed
|
3 Bath
|
2600 ft²
|
$715,000
2 Bed
3 Bath
2600 ft²
|
$715,000
03/15/2022
|
Non Member
State Wide MLS of Rhode Island
| |
|
10/13/2020
|
2 Bed
|
3 Bath
|
2157 ft²
|
$575,000
2 Bed
3 Bath
2157 ft²
|
$650,000
+13.04%
10/08/2021
|
Alie Broom
Compass
| |
|
08/02/2020
|
2 Bed
|
3 Bath
|
2157 ft²
|
$499,900
2 Bed
3 Bath
2157 ft²
|
$519,000
+3.82%
04/05/2021
|
Key Team Sold
Leading Edge Real Estate
| |
|
08/02/2020
|
2 Bed
|
3 Bath
|
2157 ft²
|
$525,000
2 Bed
3 Bath
2157 ft²
|
$643,221
+22.52%
06/11/2021
|
Maureen Keller
Coldwell Banker Realty - Andover
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017