21 Milestone Way #21
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 |
|---|---|---|---|
| Dec 1, 2023 | No longer available | - | |
| No longer available | |||
| Oct 5, 2023 | Relisted | $1,199,000 | |
| Relisted | |||
| Oct 1, 2023 | No longer available | - | |
| No longer available | |||
| Aug 24, 2023 | Price Increased |
$1,199,000
↑ $24K
(2%) | |
| Price Increased | |||
| Aug 2, 2023 | Listed by New Seabury Sotheby's International Realty | $1,175,000 | |
| Listed by New Seabury Sotheby's International Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/02/2023
|
2 Bed
|
2 Bath
|
-
|
$1,175,000
2 Bed
2 Bath
|
-
-
|
Mark Thompson
Molyneux Realty
| |
|
09/28/2022
| |
2 Bed
|
1.5 Bath
|
902 ft²
|
$1,450,000
2 Bed
1.5 Bath
902 ft²
|
-
-
|
Mark Thompson
Molyneux Realty
|
|
09/28/2022
|
2 Bed
|
2 Bath
|
-
|
$1,450,000
2 Bed
2 Bath
|
-
-
|
Mark Thompson
Molyneux Realty
| |
|
04/14/2018
|
2 Bed
|
1 Bath
|
902 ft²
|
$725,000
2 Bed
1 Bath
902 ft²
|
$697,000
-3.86%
06/29/2018
|
Reciprocal Reciprocal
Consolidated, CT Reciprocal
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017