2501 HEMINGWAY DR #43D
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 |
|---|---|---|---|
| Mar 20, 2023 | Sold | ||
| Sold | |||
| Feb 18, 2023 | Listed by Bach Real Estate | $285,000 | |
| Listed by Bach Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/15/2024
|
2 Bed
|
2 Bath
|
-
|
$287,500
2 Bed
2 Bath
|
$280,000
-2.61%
09/18/2024
|
Caron Prideaux
CLIMB Properties Real Estate, LLC
| |
|
04/01/2024
|
2 Bed
|
2 Bath
|
-
|
$299,900
2 Bed
2 Bath
|
$295,000
-1.63%
04/30/2024
|
Sang Lee
Fairfax Realty 50/66 LLC
| |
|
02/18/2023
|
2 Bed
|
2 Bath
|
1388 ft²
|
$285,000
2 Bed
2 Bath
1388 ft²
|
$290,000
+1.75%
03/20/2023
|
Sharon Oland
Bach Real Estate
| |
|
10/27/2022
|
2 Bed
|
2 Bath
|
1388 ft²
|
$280,000
2 Bed
2 Bath
1388 ft²
|
-
-
|
James Bass
Real Estate Teams, LLC
| |
|
07/14/2022
|
2 Bed
|
2 Bath
|
1370 ft²
|
$260,000
2 Bed
2 Bath
1370 ft²
|
-
-
|
Kimberly Hotaling
RE/MAX Results
| |
|
10/12/2016
|
2 Bed
|
2 Bath
|
1370 ft²
|
$159,900
2 Bed
2 Bath
1370 ft²
|
$157,500
-1.50%
02/02/2017
|
Rose Bartz
Long & Foster Real Estate, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017