324/326 Qtr 2 Grand Summit Way
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 |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Sep 26, 2024 | In contract | - | |
| In contract | |||
| May 17, 2024 | Listed by Skihome Realty | $34,000 | |
| Listed by Skihome Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/07/2026
| |
1 Bed
|
2 Bath
|
771 ft²
|
$27,500
1 Bed
2 Bath
771 ft²
|
$25,500
-7.27%
04/02/2026
|
Patricia Fitzpatrick
Skihome Realty
|
|
10/21/2025
|
1 Bed
|
2 Bath
|
941 ft²
|
$27,900
1 Bed
2 Bath
941 ft²
|
$27,900
02/02/2026
|
Donna Brown
Skihome Realty
| |
|
08/29/2025
|
2 Bed
|
2 Bath
|
1080 ft²
|
$46,000
2 Bed
2 Bath
1080 ft²
|
$46,000
05/01/2026
|
Donna Brown
Skihome Realty
| |
|
07/02/2025
|
1 Bed
|
2 Bath
|
709 ft²
|
$37,000
1 Bed
2 Bath
709 ft²
|
$20,500
-44.59%
03/05/2026
|
Sheila Joyce-Albano
Skihome Realty
| |
|
07/24/2023
| |
2 Bed
|
3 Bath
|
1008 ft²
|
$39,900
2 Bed
3 Bath
1008 ft²
|
-
-
|
Patricia Fitzpatrick
Skihome Realty
|
|
08/17/2021
| |
1 Bed
|
2 Bath
|
771 ft²
|
$28,000
1 Bed
2 Bath
771 ft²
|
$24,000
-14.29%
12/13/2021
|
Patricia Fitzpatrick
Skihome Realty
|
Building Info
- 3 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017