26 Cass Place #4E
About This Property
Beautiful newly renovated 2 bedroom / 1 bathroom coop in the heart of the highly desirable area. The unit is bright and sunny and is in great condition. Features 2 nice size bedrooms, windowed eat in kitchen. The apartment is located on the 2nd floor of Bay Shore Gardens, a well-maintained building that offers parking, laundry room, storage rooms and sublet after 1 year (only $75 sublet fee). You can enjoy 950 sq ft of living space that is sunny, inviting and offers ample closet space. With low maintenance of $670 (including Heat/Water/Sewer/Taxes/upkeep), this unit will not be available for long. This is an incredible opportunity to live in fabulous location steps away from all major public transportation, shopping, Emmons Avenue promenade, park, beaches, playground, gym, schools, European style shopping, houses of worship etc. Pets are welcome!!!!
The manager has listed the unit size as 975 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 |
|---|---|---|---|
| Feb 12, 2024 | Sold | ||
| Sold | |||
| Dec 20, 2023 | No longer available | - | |
| No longer available | |||
| Aug 23, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 17, 2023 | Listed | $349,000 | |
| Listed | |||
| Jul 24, 2023 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/14/2023
|
2 Bed
|
1 Bath
|
-
|
$375,000
2 Bed
1 Bath
|
-
-
|
Ralph Harvey
ListWithFreedom.com
| |
|
04/20/2023
|
2 Bed
|
1 Bath
|
950 ft²
|
$369,000
2 Bed
1 Bath
950 ft²
|
-
-
|
Svetlana Kruler
| |
|
01/24/2023
|
Studio
|
1 Bath
|
-
|
$175,000
Studio
1 Bath
|
$140,000
-20.00%
03/31/2023
|
Charles Olson
| |
|
12/18/2021
|
1 Bed
|
1 Bath
|
850 ft²
|
$279,000
1 Bed
1 Bath
850 ft²
|
-
-
|
Gennadi B. Barmin
Elliman
| |
|
04/20/2021
|
2 Bed
|
1 Bath
|
950 ft²
|
$349,000
2 Bed
1 Bath
950 ft²
|
-
-
|
Faig Mikayilov
Remaxedgeny
| |
|
11/15/2020
|
1 Bed
|
1 Bath
|
700 ft²
|
$250,000
1 Bed
1 Bath
700 ft²
|
-
-
|
-
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017