2 Lower Hamlet
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 27, 2023 | Sold | ||
| Sold | |||
| Aug 24, 2023 | No longer available | - | |
| No longer available | |||
| May 24, 2023 | Price Decreased |
$879,000
↓ $271K
(23.6%) | |
| Price Decreased | |||
| Mar 3, 2023 | Price Decreased |
$1,150,000
↓ $50K
(4.2%) | |
| Price Decreased | |||
| Dec 2, 2022 | Listed | $1,200,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/27/2023
| |
5 Bed
|
2.5 Bath
|
-
|
$879,000
5 Bed
2.5 Bath
|
-
-
|
John Krouse
Keller Williams - Greater Portland
|
|
12/02/2022
| |
Studio
|
-
|
-
|
$1,200,000
Studio
-
|
$850,000
-29.17%
10/27/2023
|
John Krouse
EXP REALTY LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017