24 Ironside Drive #B
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 27, 2025 | Sold | ||
| Sold | |||
| Aug 7, 2025 | In contract | - | |
| In contract | |||
| Jul 19, 2025 | Price Decreased |
$78,000
↓ $4K
(4.9%) | |
| Price Decreased | |||
| Jun 19, 2025 | Listed by RESOURCEFUL REALTY | $82,000 | |
| Listed by RESOURCEFUL REALTY | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/19/2025
|
2 Bed
|
1 Bath
|
797 ft²
|
$82,000
2 Bed
1 Bath
797 ft²
|
$75,000
-8.54%
08/27/2025
|
Patricia Reilly
RE/MAX New Beginnings Realty
| |
|
07/13/2019
|
Loft
|
1 Bath
|
-
|
$37,500
Loft
1 Bath
|
$35,000
-6.67%
11/04/2019
|
Rosalee Gandolfi
Crossroads Realty Inc-WH
| |
|
10/01/2018
|
Loft
|
1 Bath
|
-
|
$43,500
Loft
1 Bath
|
$38,000
-12.64%
01/15/2019
|
Amelia Bruszewski
Weichert Realtors-Toms River
| |
|
05/15/2017
| |
2 Bed
|
1 Bath
|
797 ft²
|
$42,000
2 Bed
1 Bath
797 ft²
|
$39,000
-7.14%
07/27/2017
|
Patricia Reilly
RE/MAX New Beginnings Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017