25-40 31 Avenue #1L
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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Dec 19, 2023 | Sold to Caroline Osullivan | $500,000 | |
Sold to Caroline Osullivan | |||
Oct 7, 2023 | In contract | - | |
In contract | |||
Sep 16, 2023 | Listed by Keller Williams Landmark II | $495,000 | |
Listed by Keller Williams Landmark II | |||
Aug 11, 2023 | No longer available | - | |
No longer available | |||
May 8, 2023 | Price Decreased |
$515,000
↓ $34K
(6.2%) | |
Price Decreased |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/24/2024
|
Studio
|
1 Bath
|
-
|
$385,000
Studio
1 Bath
|
$375,000
-2.60%
11/07/2024
|
-
|
Gina Ko
Triplemint
| |
05/08/2024
|
1 Bed
|
1 Bath
|
-
|
$695,000
1 Bed
1 Bath
|
$612,000
-11.94%
11/06/2024
|
-
|
Jennifer Kolanovic
Signature Premier Properties
| |
03/01/2024
|
1 Bed
|
1 Bath
|
-
|
$595,000
1 Bed
1 Bath
|
$595,000
05/23/2024
|
-
|
Ethel Khan
Corcoran Group
| |
02/26/2024
|
Studio
|
1 Bath
|
-
|
$495,000
Studio
1 Bath
|
-
-
|
-
|
Parry Ermogenous
NextHome Empire
| |
02/22/2024
|
Studio
|
1 Bath
|
-
|
$365,000
Studio
1 Bath
|
$365,000
09/26/2024
|
-
|
Gina Ko
Triplemint
| |
09/16/2023
|
1 Bed
|
1 Bath
|
-
|
$495,000
1 Bed
1 Bath
|
$500,000
+1.01%
12/19/2023
|
Cecilia Valentino
Keller Williams Landmark II
| ||
11/10/2022
|
1 Bed
|
1 Bath
|
-
|
$585,000
1 Bed
1 Bath
|
-
-
|
-
|
Cecilia Valentino
RE/MAX Team
| |
10/23/2022
|
1 Bed
|
1 Bath
|
-
|
$695,000
1 Bed
1 Bath
|
-
-
|
-
|
Parry Ermogenous
NextHome Empire
| |
03/19/2021
|
1 Bed
|
1 Bath
|
-
|
$589,000
1 Bed
1 Bath
|
$575,000
-2.38%
08/02/2021
|
-
|
Sydney McCoy
Charles Rutenberg Realty Inc
| |
01/25/2021
|
1 Bed
|
1 Bath
|
-
|
$485,000
1 Bed
1 Bath
|
$480,000
-1.03%
05/24/2021
|
Gina Ko
The Agency Brokerage
| ||
12/10/2020
|
1 Bed
|
1 Bath
|
-
|
$515,000
1 Bed
1 Bath
|
$472,000
-8.35%
06/14/2021
|
- Private -
|
Gina Ko
The Agency Brokerage
| |
11/03/2020
|
1 Bed
|
1 Bath
|
-
|
$345,000
1 Bed
1 Bath
|
$335,000
-2.90%
09/01/2021
|
Peter Horowitz
Horowitz Real Estate
| ||
09/15/2020
|
1 Bed
|
1 Bath
|
798 ft²
|
$699,000
1 Bed
1 Bath
798 ft²
|
$575,000
-17.74%
08/02/2021
|
Susan McCoy
Charles Rutenberg Realty Inc
| ||
07/15/2020
|
2 Bed
|
1 Bath
|
-
|
$750,000
2 Bed
1 Bath
|
$710,000
-5.33%
10/28/2020
|
Gina Ko
The Agency Brokerage
| ||
05/15/2020
|
1 Bed
|
1 Bath
|
-
|
$550,000
1 Bed
1 Bath
|
$550,000
11/30/2020
|
Peter Grosso
RE/MAX Integrity Leaders
| ||
04/04/2019
|
1 Bed
|
1 Bath
|
800 ft²
|
$575,000
1 Bed
1 Bath
800 ft²
|
$515,000
-10.43%
11/05/2019
|
- Private -
|
Gaetano Sieligowski
Macaluso Realty
| |
04/01/2019
|
1 Bed
|
1 Bath
|
-
|
$555,000
1 Bed
1 Bath
|
$547,500
-1.35%
10/07/2019
|
Bibi Calderaro
Corcoran Group
| ||
11/17/2017
|
Studio
|
1 Bath
|
-
|
$365,000
Studio
1 Bath
|
$400,000
+9.59%
02/26/2018
|
Gina Ko
Triplemint
| ||
10/19/2017
|
1 Bed
|
1 Bath
|
-
|
$600,000
1 Bed
1 Bath
|
$600,000
02/05/2021
|
-
|
Gina Ko
Triplemint
| |
07/14/2017
|
Studio
|
1 Bath
|
-
|
$385,000
Studio
1 Bath
|
$410,000
+6.49%
10/13/2017
|
Gina Ko
The Agency Brokerage
| ||
11/09/2016
|
1 Bed
|
1 Bath
|
-
|
$535,000
1 Bed
1 Bath
|
$550,000
+2.80%
02/15/2017
|
Gina Ko
The Agency Brokerage
| ||
11/07/2015
|
1 Bed
|
1 Bath
|
-
|
$422,000
1 Bed
1 Bath
|
$422,000
03/01/2016
|
Silvina Calderaro
Corcoran Group
| ||
10/04/2015
|
1 Bed
|
1 Bath
|
-
|
$452,500
1 Bed
1 Bath
|
$452,500
05/03/2016
|
-
|
Silvina Calderaro
Corcoran Group
| |
02/06/2015
|
1 Bed
|
1 Bath
|
-
|
$407,000
1 Bed
1 Bath
|
$407,000
05/21/2015
|
Silvina Calderaro
Corcoran Group
| ||
12/02/2014
|
1 Bed
|
1 Bath
|
-
|
$360,000
1 Bed
1 Bath
|
$380,000
+5.56%
10/13/2015
|
Anthony Carollo
Carollo Real Estate Inc
| ||
03/11/2013
|
1 Bed
|
1 Bath
|
-
|
$359,000
1 Bed
1 Bath
|
$350,000
-2.51%
07/26/2013
|
-
|
Bianca Colasuonno
Compass Greater NY LLC
| |
10/01/2012
|
Studio
|
1 Bath
|
-
|
$197,500
Studio
1 Bath
|
$216,540
+9.64%
03/01/2013
|
Slavica Kolanovic
Realty Executives Today
| ||
07/18/2012
|
1 Bed
|
1 Bath
|
-
|
$325,000
1 Bed
1 Bath
|
$300,000
-7.69%
01/18/2013
|
Anthony Reardon
Crifasi Real Estate Inc
|