255 Galen Dr #2E
About This Property
The manager has listed the unit size as 1036 square feet.
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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 6, 2021 | No longer available | - | |
| No longer available | |||
| Feb 23, 2021 | In contract | - | |
| In contract | |||
| Jan 22, 2021 | Price Decreased |
$420,000
↓ $20K
(4.6%) | |
| Price Decreased | |||
| Oct 16, 2020 | Price Decreased |
$440,000
↓ $20K
(4.4%) | |
| Price Decreased | |||
| Jun 25, 2020 | Listed | $460,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/17/2022
|
2 Bed
|
2 Bath
|
1036 ft²
|
$619,500
2 Bed
2 Bath
1036 ft²
|
-
-
|
Steven Minor
Steven A Minor PA
| |
|
03/12/2021
|
2 Bed
|
2 Bath
|
1036 ft²
|
$429,900
2 Bed
2 Bath
1036 ft²
|
-
-
|
Fabio Gilbeaux
Advance Florida Realty, Inc.
| |
|
06/25/2020
|
2 Bed
|
2 Bath
|
1036 ft²
|
$460,000
2 Bed
2 Bath
1036 ft²
|
-
-
|
Josefina Albaine
One Sotheby's International Realty
| |
|
05/25/2020
|
2 Bed
|
2 Bath
|
1058 ft²
|
$450,000
2 Bed
2 Bath
1058 ft²
|
-
-
|
Sandra Magalhaes
KB Realty
| |
|
03/19/2020
|
2 Bed
|
2 Bath
|
1058 ft²
|
$450,000
2 Bed
2 Bath
1058 ft²
|
-
-
|
Teresita Shelton
Shelton and Stewart REALTORS
| |
|
08/04/2018
|
2 Bed
|
2 Bath
|
1036 ft²
|
-
2 Bed
2 Bath
1036 ft²
|
-
-
|
-
| |
|
07/30/2017
| |
2 Bed
|
2 Bath
|
1036 ft²
|
-
2 Bed
2 Bath
1036 ft²
|
-
-
|
-
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017