225 Main St #3
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 |
|---|---|---|---|
| Jan 12, 2021 | Sold | ||
| Sold | |||
| Sep 1, 2020 | Listed by Compass | $425,000 | |
| Listed by Compass | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/01/2020
|
2 Bed
|
2 Bath
|
685 ft²
|
$425,000
2 Bed
2 Bath
685 ft²
|
$426,000
+0.24%
01/12/2021
|
Marissa Jazmin
Hammond Residential R. E.
| |
|
08/11/2020
|
2 Bed
|
2 Bath
|
685 ft²
|
$389,000
2 Bed
2 Bath
685 ft²
|
$385,000
-1.03%
01/14/2021
|
Richard Genovese
Flow Realty, Inc.
| |
|
08/11/2020
|
3 Bed
|
3 Bath
|
1250 ft²
|
$499,888
3 Bed
3 Bath
1250 ft²
|
$504,888
+1.00%
02/26/2021
|
Ying S Coyle
StartPoint Realty
| |
|
07/31/2017
| |
6 Bed
|
3 Bath
|
2850 ft²
|
$539,900
6 Bed
3 Bath
2850 ft²
|
$544,900
+0.93%
11/07/2017
|
Cory Mills
Cameron Real Estate Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017