2 Union Place #6
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 |
|---|---|---|---|
| Nov 14, 2003 | Sold | ||
| Sold | |||
| Jun 14, 2003 | Listed by Starterline | $185,865 | |
| Listed by Starterline | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/17/2024
| |
3 Bed
|
2 Bath
|
1366 ft²
|
$359,900
3 Bed
2 Bath
1366 ft²
|
$385,000
+6.97%
09/06/2024
|
AJ Bruce
Lamacchia Realty, Inc.
|
|
05/01/2008
| |
3 Bed
|
1 Bath
|
1331 ft²
|
$159,900
3 Bed
1 Bath
1331 ft²
|
$152,000
-4.94%
06/27/2008
|
Jason Bibeau
|
|
06/14/2003
|
Loft
|
2 Bath
|
1380 ft²
|
$185,865
Loft
2 Bath
1380 ft²
|
$185,000
-0.47%
11/14/2003
|
Ray Lopolito
Starterline
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017