22864 US Highway 6 #301
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 |
|---|---|---|---|
| Dec 19, 2025 | Sold | ||
| Sold | |||
| Dec 4, 2025 | In contract | - | |
| In contract | |||
| Oct 21, 2025 | Price Decreased |
$755,000
↓ $20K
(2.6%) | |
| Price Decreased | |||
| Sep 17, 2025 | Listed by Cornerstone Real Estate Co, LLC | $775,000 | |
| Listed by Cornerstone Real Estate Co, LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/17/2025
|
2 Bed
|
2 Bath
|
1522 ft²
|
$775,000
2 Bed
2 Bath
1522 ft²
|
$692,500
-10.65%
12/19/2025
|
Heather Wood
Cornerstone Real Estate Co.
| |
|
10/02/2023
|
1 Bed
|
1 Bath
|
893 ft²
|
$650,000
1 Bed
1 Bath
893 ft²
|
-
-
|
David Greenberg
Slifer Smith & Frampton R.E.
| |
|
06/08/2023
|
1 Bed
|
1 Bath
|
971 ft²
|
$725,000
1 Bed
1 Bath
971 ft²
|
-
-
|
Heather Wood
Cornerstone Real Estate Co.
| |
|
04/19/2023
|
2 Bed
|
2 Bath
|
1143 ft²
|
$820,000
2 Bed
2 Bath
1143 ft²
|
-
-
|
Craig Walsh
Slifer Smith & Frampton R.E.
| |
|
10/24/2022
|
Studio
|
1 Bath
|
771 ft²
|
$500,000
Studio
1 Bath
771 ft²
|
$500,000
12/05/2022
|
Caroline Bellace
Cornerstone Real Estate Co, LLC
| |
|
06/02/2022
|
2 Bed
|
2 Bath
|
1443 ft²
|
$899,000
2 Bed
2 Bath
1443 ft²
|
$906,000
+0.78%
07/14/2022
|
Leslie Brown
Colorado Craft Brokers
| |
|
12/03/2021
|
1 Bed
|
2 Bath
|
833 ft²
|
$559,000
1 Bed
2 Bath
833 ft²
|
$575,000
+2.86%
01/21/2022
|
Michael Magliocchetti
Key To The Rockies
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017