22 Paper Birch Path #36
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 |
|---|---|---|---|
| May 20, 2024 | Sold | ||
| Sold | |||
| Feb 29, 2024 | In contract | - | |
| In contract | |||
| Jan 30, 2024 | Price Decreased |
$620,000
↓ $13K
(2.1%) | |
| Price Decreased | |||
| Dec 11, 2023 | Price Increased |
$633,333
↑ $13K
(2.2%) | |
| Price Increased | |||
| Nov 11, 2023 | Listed by Connie Doto Realty Group | $620,000 | |
| Listed by Connie Doto Realty Group | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/11/2023
|
3 Bed
|
3 Bath
|
2128 ft²
|
$648,333
3 Bed
3 Bath
2128 ft²
|
$602,500
-7.07%
05/20/2024
|
Alyson Traficante
Connie Doto Realty Group
| |
|
04/25/2023
|
3 Bed
|
3 Bath
|
-
|
$574,999
3 Bed
3 Bath
|
-
-
|
James Coulombe
Settlers Realty Group, LLC
| |
|
01/29/2019
|
3 Bed
|
3 Bath
|
2128 ft²
|
$429,000
3 Bed
3 Bath
2128 ft²
|
$440,041
+2.57%
05/06/2021
|
Frances Casanova Silva
Your New Home Mkting
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017