20 Rice Ln #1
About This Property
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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 |
|---|---|---|---|
| Aug 17, 2023 | Sold | ||
| Sold | |||
| Jul 12, 2023 | In contract | - | |
| In contract | |||
| Jul 1, 2023 | Listed by Cedar Wood Realty Group | $284,900 | |
| Listed by Cedar Wood Realty Group | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/01/2023
|
2 Bed
|
2 Bath
|
1040 ft²
|
$284,900
2 Bed
2 Bath
1040 ft²
|
$305,000
+7.06%
08/17/2023
|
Camila Fernandes
Dell Realty Inc.
| |
|
04/18/2023
|
2 Bed
|
2 Bath
|
1041 ft²
|
$264,900
2 Bed
2 Bath
1041 ft²
|
$280,000
+5.70%
05/19/2023
|
Kathleen Sposato
Sposato Realty Group
| |
|
08/15/2018
| |
2 Bed
|
2 Bath
|
1040 ft²
|
$127,900
2 Bed
2 Bath
1040 ft²
|
$170,000
+32.92%
09/10/2018
|
Noelle Merle
Lamacchia Realty, Inc.
|
|
04/28/2011
| |
2 Bed
|
2 Bath
|
1016 ft²
|
$69,900
2 Bed
2 Bath
1016 ft²
|
$65,000
-7.01%
09/01/2011
|
Huong Tran
DT Realty
|
|
02/07/2005
| |
2 Bed
|
2 Bath
|
1016 ft²
|
$165,000
2 Bed
2 Bath
1016 ft²
|
$165,000
03/31/2005
|
Barbara DePasquale
Re/max Realty Associates
|
|
08/18/1993
| |
2 Bed
|
2 Bath
|
855 ft²
|
$54,900
2 Bed
2 Bath
855 ft²
|
$53,000
-3.46%
12/30/1993
|
David Mills
David Mills Realtor
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017