21191 MCFADDEN SQ #406
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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 18, 2024 | In contract | - | |
| In contract | |||
| Oct 24, 2024 | Listed by Keller Williams Realty | $324,990 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/08/2026
|
1 Bed
|
1 Bath
|
731 ft²
|
$325,000
1 Bed
1 Bath
731 ft²
|
-
-
|
Desiree Rejeili
Samson Properties
| |
|
04/10/2026
|
2 Bed
|
2 Bath
|
1299 ft²
|
$378,900
2 Bed
2 Bath
1299 ft²
|
$395,000
+4.25%
05/20/2026
|
Michelle L Baker
Pearson Smith Realty, LLC
| |
|
10/24/2024
|
1 Bed
|
1 Bath
|
940 ft²
|
$324,990
1 Bed
1 Bath
940 ft²
|
$325,000
+0.00%
12/20/2024
|
Hassan Rahmani
Keller Williams Realty
| |
|
03/02/2023
|
1 Bed
|
1 Bath
|
731 ft²
|
$259,000
1 Bed
1 Bath
731 ft²
|
$259,000
03/28/2023
|
Francisco Barragan
First VA Homes LLC
| |
|
08/06/2022
|
2 Bed
|
2 Bath
|
1299 ft²
|
$374,900
2 Bed
2 Bath
1299 ft²
|
-
-
|
Pouya Safa
Century 21 Redwood Realty
|
Building Info
About Potomac Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017