222-02 38 Avenue
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 |
|---|---|---|---|
| Sep 10, 2021 | Sold | ||
| Sold | |||
| Apr 22, 2021 | Price Decreased |
$1,890,000
↓ $90K
(4.6%) | |
| Price Decreased | |||
| Feb 25, 2021 | Price Increased |
$1,980,000
↑ $90K
(4.8%) | |
| Price Increased | |||
| Jan 19, 2021 | Listed by E Realty International Corp | $1,890,000 | |
| Listed by E Realty International Corp | |||
| Oct 14, 2014 | Sold | ||
| Sold | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Northeastern Queens
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,880 - $4,180 /mo
- 2 Beds
- 2 Baths
$5,626 - $6,061 /mo
- 3 Beds
- 3 Baths
- 2,100 ft²
Data Source: OneKey MLS
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Address: 335 Madison Avenue, New York, NY 10017