2648 Central Drive #GN
About This Property
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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.
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/27/2025
|
3 Bed
|
2 Bath
|
1500 ft²
|
$168,000
3 Bed
2 Bath
1500 ft²
|
$160,000
-4.76%
09/09/2025
|
Kiana Szostak
Baird & Warner
| |
|
06/11/2024
|
1 Bed
|
1 Bath
|
909 ft²
|
$109,000
1 Bed
1 Bath
909 ft²
|
$105,000
-3.67%
06/28/2024
|
Vicki Stevenson
eXp Realty, LLC
| |
|
10/03/2020
|
1 Bed
|
1 Bath
|
800 ft²
|
$70,000
1 Bed
1 Bath
800 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017