260 Linden Blvd #1E
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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Nov 8, 2023 | Sold | $523,000 | |
Sold | |||
Oct 24, 2023 | In contract | - | |
In contract | |||
Aug 13, 2023 | Price Decreased |
$523,900
↓ $19K
(3.5%)
|
|
Price Decreased | |||
Jul 10, 2023 | Listed by Corcoran | $542,900 | |
Listed by Corcoran |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/01/2024
|
2 Bed
|
1 Bath
|
-
|
$529,000
2 Bed
1 Bath
|
$444,000
-16.07%
09/30/2024
|
-
|
Hua Bin Chen
Liberty Chateau Realty Inc
|
|
07/10/2023
|
2 Bed
|
1 Bath
|
-
|
$542,900
2 Bed
1 Bath
|
$523,000
-3.67%
11/08/2023
|
-
|
Tanthony Rae Baker
Corcoran
|
|
05/12/2023
|
2 Bed
|
1 Bath
|
-
|
$575,000
2 Bed
1 Bath
|
$570,000
-0.87%
07/11/2023
|
-
|
Joe Cruz
Town Residential
|
|
05/05/2022
|
3 Bed
|
1 Bath
|
1139 ft²
|
$599,000
3 Bed
1 Bath
1139 ft²
|
$585,000
-2.34%
08/17/2022
|
-
|
Olivia Ionescu
Corcoran Group
|
|
06/28/2021
|
|
2 Bed
|
1 Bath
|
910 ft²
|
$400,000
2 Bed
1 Bath
910 ft²
|
-
-
|
-
|
Vincent Arrigo
KINGS REALTY PROFESSIONALS
|
05/19/2020
|
3 Bed
|
1 Bath
|
1009 ft²
|
$615,000
3 Bed
1 Bath
1009 ft²
|
$615,000
09/22/2020
|
-
|
Paul Pinizzotto
Compass
|
|
01/28/2019
|
3 Bed
|
1 Bath
|
-
|
$145,000
3 Bed
1 Bath
|
-
-
|
-
|
Derek Greene
Greene Realty Group
|
|
01/04/2019
|
2 Bed
|
1 Bath
|
934 ft²
|
$549,000
2 Bed
1 Bath
934 ft²
|
$549,000
05/10/2019
|
-
|
Hakim Edwards
Halstead Property, LLC
|
|
08/06/2018
|
3 Bed
|
1 Bath
|
1000 ft²
|
-
3 Bed
1 Bath
1000 ft²
|
-
-
|
-
|
-
|
|
06/19/2018
|
|
2 Bed
|
1 Bath
|
762 ft²
|
-
2 Bed
1 Bath
762 ft²
|
-
-
|
-
|
-
|
09/05/2017
|
2 Bed
|
1 Bath
|
803 ft²
|
-
2 Bed
1 Bath
803 ft²
|
-
-
|
-
|
-
|
|
07/15/2015
|
2 Bed
|
1 Bath
|
-
|
$435,000
2 Bed
1 Bath
|
$435,000
09/23/2015
|
-
|
Scott Savory
Compass
|
|
04/17/2014
|
3 Bed
|
1 Bath
|
1100 ft²
|
$280,000
3 Bed
1 Bath
1100 ft²
|
$280,000
02/05/2021
|
-
|
James Morano
Warburg Realty Partnership, Ltd.
|
|
09/21/2013
|
2 Bed
|
1 Bath
|
-
|
$299,000
2 Bed
1 Bath
|
-
-
|
-
|
Grant Priest
Douglas Elliman Real Estate
|
|
09/21/2013
|
3 Bed
|
1 Bath
|
-
|
$310,000
3 Bed
1 Bath
|
-
-
|
-
|
Grant Priest
Douglas Elliman Real Estate
|
|
09/21/2013
|
2 Bed
|
1 Bath
|
977 ft²
|
$225,000
2 Bed
1 Bath
977 ft²
|
-
-
|
-
|
Grant Priest
Douglas Elliman Real Estate
|
|
05/08/2006
|
2 Bed
|
1 Bath
|
-
|
$295,000
2 Bed
1 Bath
|
-
-
|
-
|
Brian Meier
Berkshire Hathaway HomeServices New York Properties
|
Building Info
- 60 Units