2015 Lakeridge Circle #301
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 |
|---|---|---|---|
| Feb 19, 2026 | Sold | ||
| Sold | |||
| Jan 27, 2026 | In contract | - | |
| In contract | |||
| Oct 26, 2025 | Price Decreased |
$535,000
↓ $20K
(3.6%) | |
| Price Decreased | |||
| Sep 3, 2025 | Price Decreased |
$555,000
↓ $15K
(2.6%) | |
| Price Decreased | |||
| Aug 3, 2025 | Price Decreased |
$570,000
↓ $15K
(2.6%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/04/2025
|
2 Bed
|
2 Bath
|
1045 ft²
|
$585,000
2 Bed
2 Bath
1045 ft²
|
$535,000
-8.55%
02/19/2026
|
JACINTO TALAMANTE
Realty Masters & Associates
| |
|
01/01/2021
|
2 Bed
|
2 Bath
|
1045 ft²
|
$450,000
2 Bed
2 Bath
1045 ft²
|
$460,000
+2.22%
05/26/2021
|
Scott Vinson
| |
|
10/05/2017
|
2 Bed
|
2 Bath
|
1045 ft²
|
$235,000
2 Bed
2 Bath
1045 ft²
|
$268,000
+14.04%
10/30/2017
|
Jason Kreutzer
Signature Realty Network
| |
|
10/19/2017
|
2 Bed
|
2 Bath
|
1045 ft²
|
$349,000
2 Bed
2 Bath
1045 ft²
|
$363,500
+4.15%
11/17/2017
|
Jocelyn Esquivel
Realty One Group San Diego
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017