22903 County Road 15/21
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 |
|---|---|---|---|
| Jan 14, 2026 | Price Decreased |
$1,200,000
↓ $50K
(4%) | |
| Price Decreased | |||
| Nov 27, 2025 | Price Decreased |
$1,250,000
↓ $49K
(3.8%) | |
| Price Decreased | |||
| Oct 17, 2025 | Price Decreased |
$1,299,000
↓ $51K
(3.8%) | |
| Price Decreased | |||
| Aug 11, 2025 | Price Decreased |
$1,350,000
↓ $100K
(6.9%) | |
| Price Decreased | |||
| Jun 27, 2025 | Listed by RE/MAX Accord | $1,450,000 | |
| Listed by RE/MAX Accord | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017