2035 Erving Circle #105
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 29, 2023 | Sold | ||
| Sold | |||
| Oct 16, 2023 | In contract | - | |
| In contract | |||
| Oct 13, 2023 | Relisted | $215,000 | |
| Relisted | |||
| Oct 9, 2023 | In contract | - | |
| In contract | |||
| Sep 22, 2023 | Listed by LPT REALTY | $215,000 | |
| Listed by LPT REALTY | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/22/2023
|
1 Bed
|
1 Bath
|
866 ft²
|
$215,000
1 Bed
1 Bath
866 ft²
|
$195,000
-9.30%
11/29/2023
|
Melissa Weathers
LPT REALTY
| |
|
10/21/2022
|
1 Bed
|
1 Bath
|
866 ft²
|
$229,000
1 Bed
1 Bath
866 ft²
|
-
-
|
Pavel Martynenko
Florida Homes Realty & Mortgage
| |
|
07/31/2022
|
1 Bed
|
1 Bath
|
829 ft²
|
$185,000
1 Bed
1 Bath
829 ft²
|
-
-
|
Stephanie Alicea
LUXURY REAL ESTATE GROUP LLC
| |
|
05/28/2022
|
1 Bed
|
1 Bath
|
702 ft²
|
$199,900
1 Bed
1 Bath
702 ft²
|
-
-
|
Julie Fernandez
OAK AVENUE REAL ESTATE LLC
| |
|
02/22/2022
|
1 Bed
|
1 Bath
|
866 ft²
|
$229,000
1 Bed
1 Bath
866 ft²
|
-
-
|
Pavel Martynenko
Florida Homes Realty & Mortgage
| |
|
08/30/2018
|
1 Bed
|
1 Bath
|
866 ft²
|
-
1 Bed
1 Bath
866 ft²
|
-
-
|
-
|
Building Info
About Bordeaux Condominiums
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017