237 Nesmith Street #BOTTOMRT
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 |
|---|---|---|---|
| Sep 28, 2006 | Sold | ||
| Sold | |||
| Jun 20, 2006 | Listed by ZipRealty, Inc | $199,900 | |
| Listed by ZipRealty, Inc | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/23/2021
|
2 Bed
|
1 Bath
|
931 ft²
|
$239,900
2 Bed
1 Bath
931 ft²
|
$255,000
+6.29%
11/05/2021
|
Chinatti Realty Group
Keller Williams Realty-Merrimack
| |
|
09/02/2017
| |
2 Bed
|
1 Bath
|
1302 ft²
|
-
2 Bed
1 Bath
1302 ft²
|
-
-
|
-
|
|
08/25/2017
|
2 Bed
|
1 Bath
|
1302 ft²
|
$189,900
2 Bed
1 Bath
1302 ft²
|
$190,000
+0.05%
09/15/2017
|
Janine Wuschke
Keller Williams Realty
| |
|
06/20/2006
|
2 Bed
|
1 Bath
|
1000 ft²
|
$209,900
2 Bed
1 Bath
1000 ft²
|
$211,500
+0.76%
10/30/2006
|
Dan O'Connell Sr
LAER Realty Partners
| |
|
06/20/2006
|
2 Bed
|
1 Bath
|
1000 ft²
|
$219,500
2 Bed
1 Bath
1000 ft²
|
$219,500
01/31/2007
|
Loretta Mosca
Bessette Realty
| |
|
06/20/2006
|
2 Bed
|
1 Bath
|
1000 ft²
|
$199,900
2 Bed
1 Bath
1000 ft²
|
$199,500
-0.20%
09/28/2006
|
Michele Menzigian
ZipRealty, Inc
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017