2498 Oakleaf LANE #23A
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 18, 2023 | Sold | ||
| Sold | |||
| Nov 8, 2023 | In contract | - | |
| In contract | |||
| Oct 28, 2023 | Price Decreased |
$262,000
↓ $5K
(1.9%) | |
| Price Decreased | |||
| Oct 21, 2023 | Price Decreased |
$267,000
↓ $8K
(2.9%) | |
| Price Decreased | |||
| Oct 10, 2023 | Listed by CHARLES RUTENBERG REALTY INC | $275,000 | |
| Listed by CHARLES RUTENBERG REALTY INC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/10/2023
|
2 Bed
|
2 Bath
|
940 ft²
|
$275,000
2 Bed
2 Bath
940 ft²
|
$257,000
-6.55%
12/18/2023
|
Karen Dailey
Charles Rutenberg Realty Inc
| |
|
02/17/2023
|
2 Bed
|
2 Bath
|
980 ft²
|
$210,000
2 Bed
2 Bath
980 ft²
|
$204,000
-2.86%
03/20/2023
|
Jessica MacMichael
RE/MAX ALL STAR
| |
|
11/02/2020
|
Loft
|
2 Bath
|
960 ft²
|
$156,900
Loft
2 Bath
960 ft²
|
-
-
|
Thomas Trieste
RENAISSANCE REAL ESTATE
| |
|
02/28/2020
|
Loft
|
2 Bath
|
960 ft²
|
$155,000
Loft
2 Bath
960 ft²
|
$155,900
+0.58%
12/10/2020
|
Katherine Curry
| |
|
10/20/2018
|
2 Bed
|
2 Bath
|
960 ft²
|
$139,900
2 Bed
2 Bath
960 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017