255 Broadway #2
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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/18/2025
|
3 Bed
|
2 Bath
|
1298 ft²
|
$1,220,000
3 Bed
2 Bath
1298 ft²
|
$1,250,000
+2.46%
10/30/2025
|
Steven Cohen Team
Keller Williams Realty Boston-Metro | Back Bay
| |
|
09/15/2021
|
2 Bed
|
2 Bath
|
1298 ft²
|
$1,049,000
2 Bed
2 Bath
1298 ft²
|
$1,075,000
+2.48%
10/26/2021
|
Steven Cohen Team
Keller Williams Realty Boston-Metro | Back Bay
| |
|
04/08/2010
|
2 Bed
|
1 Bath
|
1298 ft²
|
$489,000
2 Bed
1 Bath
1298 ft²
|
$499,000
+2.04%
06/17/2010
|
Mary and Spencer Lane
| |
|
06/24/2006
|
2 Bed
|
1 Bath
|
744 ft²
|
$295,000
2 Bed
1 Bath
744 ft²
|
$282,500
-4.24%
12/19/2006
|
Anne Munson
| |
|
06/16/2006
|
2 Bed
|
1 Bath
|
948 ft²
|
$399,000
2 Bed
1 Bath
948 ft²
|
$380,000
-4.76%
09/29/2006
|
Anne Munson
RE/MAX Destiny
| |
|
06/16/2006
|
2 Bed
|
1 Bath
|
1298 ft²
|
$475,000
2 Bed
1 Bath
1298 ft²
|
$470,000
-1.05%
01/05/2007
|
Anne Munson
| |
|
05/19/2005
| |
7 Bed
|
4 Bath
|
3408 ft²
|
$899,000
7 Bed
4 Bath
3408 ft²
|
$991,000
+10.23%
06/30/2005
|
Anne Munson
RE/MAX Destiny
|
Building Info
About Area IV
Similar Homes for Sale
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$3,880 /mo
- 1 Bed
- 1 Bath
- 718 ft²
$2,621 /mo
- Studio
- 1 Bath
- 539 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017