20000 Heatherstone Way #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 |
|---|---|---|---|
| Jun 24, 2026 | Sold | ||
| Sold | |||
| Jun 2, 2026 | In contract | - | |
| In contract | |||
| May 8, 2026 | Relisted | $320,000 | |
| Relisted | |||
| Apr 16, 2026 | In contract | - | |
| In contract | |||
| Apr 6, 2026 | Price Decreased |
$320,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/08/2025
|
3 Bed
|
2 Bath
|
1705 ft²
|
$349,999
3 Bed
2 Bath
1705 ft²
|
$310,000
-11.43%
06/24/2026
|
Cynthia Zairis
Realty World J. PAVICH R.E.
| |
|
09/13/2024
|
3 Bed
|
3 Bath
|
1663 ft²
|
$395,000
3 Bed
3 Bath
1663 ft²
|
$290,000
-26.58%
05/20/2025
|
Karen Merola
MVP Realty Associates LLC
| |
|
02/08/2023
|
3 Bed
|
2.5 Bath
|
2027 ft²
|
$399,900
3 Bed
2.5 Bath
2027 ft²
|
-
-
|
Oliver Bacovsky
81 West Brokerage Services LLC
| |
|
03/01/2022
|
3 Bed
|
3 Bath
|
1765 ft²
|
$370,000
3 Bed
3 Bath
1765 ft²
|
-
-
|
Barry Edward Frey
Turn Key Residential, LLC
| |
|
09/21/2020
|
Loft
|
3 Bath
|
1765 ft²
|
$224,900
Loft
3 Bath
1765 ft²
|
$221,500
-1.51%
11/16/2020
|
Joseph R Pavich Jr
| |
|
11/13/2018
|
3 Bed
|
3 Bath
|
1733 ft²
|
$237,500
3 Bed
3 Bath
1733 ft²
|
$227,000
-4.42%
01/23/2019
|
Jason Pavich
| |
|
06/07/2018
| |
3 Bed
|
3 Bath
|
1663 ft²
|
-
3 Bed
3 Bath
1663 ft²
|
-
-
|
-
|
|
07/29/2017
| |
3 Bed
|
3 Bath
|
1663 ft²
|
-
3 Bed
3 Bath
1663 ft²
|
-
-
|
-
|
Building Info
About Estero
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017