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2127 Bancroft Street
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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 29, 2025 | Sold | ||
| Sold | |||
| Nov 19, 2025 | In contract | - | |
| In contract | |||
| Jul 10, 2025 | Listed by Martha Turner Sotheby's International Realty | $1,600,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| Jul 3, 2025 | In contract | - | |
| In contract | |||
| May 2, 2025 | Listed | $1,600,000 | |
| Listed | |||
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This beautiful patio home is located walking distance from the River Oaks Shopping District in a charming gated community with a central courtyard and generous guest parking. Built by Pelican, the home features rich millwork, multiple outdoor patios with retractable insect screens, a private backyard, a 3-car tandem garage, and an installed elevator to all floors. The ground floor entry provides access to a guest bedroom suite with patio access, and a stairwell to the upper floors. Second floor features an island kitchen with stainless steel appliance package and an adjacent grilling patio, and shared living areas with high ceilings and rich finishes. Third floor primary suite with two walk-in closets and spacious bathroom. Secondary bedroom has en-suite bath and closet. Fourth floor boasts large patio with Galleria skyline views, a wet bar, full bathroom, and large game room (potentially a fourth bedroom). Shows beautifully!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017