2 Egret Path #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 |
|---|---|---|---|
| Feb 27, 2024 | Sold | ||
| Sold | |||
| Jan 18, 2024 | In contract | - | |
| In contract | |||
| Sep 12, 2023 | Price Decreased |
$389,900
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Aug 17, 2023 | Listed by Coldwell Banker American Homes | $399,900 | |
| Listed by Coldwell Banker American Homes | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/12/2023
|
2 Bed
|
2 Bath
|
1216 ft²
|
$389,900
2 Bed
2 Bath
1216 ft²
|
$381,000
-2.28%
02/27/2024
|
Carmine Capobianco
Coldwell Banker Commercial AMH
| |
|
05/04/2019
| |
2 Bed
|
2 Bath
|
-
|
$249,000
2 Bed
2 Bath
|
$246,500
-1.00%
10/31/2019
|
Margaret Tsoukaris
RE/MAX Integrity Leaders
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017