275 Reef Point Way 1
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Nov 13, 2024 | Sold | ||
| Sold | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Oct 16, 2024 | Price Decreased |
$524,985
↓ $25K
(4.6%) | |
| Price Decreased | |||
| Oct 15, 2024 | Price Decreased |
$550,000
↓ $14K
(2.5%) | |
| Price Decreased | |||
| Oct 10, 2024 | Relisted | $564,000 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/14/2025
|
3 Bed
|
3 Bath
|
1569 ft²
|
$719,000
3 Bed
3 Bath
1569 ft²
|
$710,000
-1.25%
05/27/2025
|
Edward Wehbe
The Oppenheim Group
| |
|
08/05/2024
| |
2 Bed
|
2 Bath
|
1005 ft²
|
$585,000
2 Bed
2 Bath
1005 ft²
|
$535,000
-8.55%
11/13/2024
|
Jamie Luke
Coldwell Banker Realty
|
|
06/06/2019
|
2 Bed
|
2 Bath
|
1005 ft²
|
$349,000
2 Bed
2 Bath
1005 ft²
|
$349,000
07/18/2019
|
Tammy Taunt
Select California Homes
| |
|
10/16/2015
|
2 Bed
|
2 Bath
|
1005 ft²
|
$315,000
2 Bed
2 Bath
1005 ft²
|
$295,000
-6.35%
01/05/2016
|
Robbie Calderon-Hass
Hass Team Realty
| |
|
01/28/2015
|
3 Bed
|
3 Bath
|
1569 ft²
|
$335,000
3 Bed
3 Bath
1569 ft²
|
$325,000
-2.99%
05/13/2015
|
OB Juncal
Juncal Real Estate
| |
|
05/18/2012
|
4 Bed
|
3 Bath
|
1569 ft²
|
$235,000
4 Bed
3 Bath
1569 ft²
|
$225,000
-4.26%
08/03/2012
|
Shawn Cao
Royal Capital Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017