1
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229 Main St.
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 |
|---|---|---|---|
| Aug 14, 2012 | Sold | ||
| Sold | |||
| Jun 14, 2012 | Sold | ||
| Sold | |||
| Nov 30, 2011 | Listed by RE/MAX Prestige | $319,800 | |
| Listed by RE/MAX Prestige | |||
| May 12, 2011 | Listed by RE/MAX Prestige | $579,900 | |
| Listed by RE/MAX Prestige | |||
| | |||
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To be built. To be energy star rated save $$$$ on heating and electric. Kitchen has maple cabinets with granite counter tops and a 10x13.8 breakfast area. First floor family room with gas fireplace. Formal Dining Room. Master bedroom suite has large walkin closet and master bath. Two seperate furnaces. Two car garage.
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| Jun 29, 2010 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017