2501 Gulf Freeway #241D
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 |
|---|---|---|---|
| Oct 13, 2018 | No longer available | - | |
| No longer available | |||
| Aug 31, 2018 | Listed | $75,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/28/2025
| |
2 Bed
|
2 Bath
|
865 ft²
|
$108,900
2 Bed
2 Bath
865 ft²
|
$95,000
-12.76%
07/15/2025
|
Juan Carlos Batarse
HomeSmart
|
|
01/30/2024
|
1 Bed
|
1 Bath
|
800 ft²
|
$69,999
1 Bed
1 Bath
800 ft²
|
$67,500
-3.57%
05/02/2024
|
Antonio Salazar
CUFG Keystone Realty Group
| |
|
03/28/2020
|
1 Bed
|
1 Bath
|
681 ft²
|
$66,000
1 Bed
1 Bath
681 ft²
|
$66,000
04/24/2020
|
Adriana Scott
eXp Realty LLC
| |
|
08/31/2018
|
2 Bed
|
1 Bath
|
886 ft²
|
-
2 Bed
1 Bath
886 ft²
|
-
-
|
-
| |
|
09/02/2017
| |
2 Bed
|
1 Bath
|
886 ft²
|
-
2 Bed
1 Bath
886 ft²
|
-
-
|
-
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017