21
Map
Floor Plan
2757 Washington Street #1
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 |
---|---|---|---|
Dec 21, 2023 | No longer available | - | |
No longer available | |||
Oct 25, 2023 | Price Decreased |
$650,000
↓ $40K
(5.8%) | |
Price Decreased | |||
Oct 13, 2023 | Price Decreased |
$689,900
↓ $10K
(1.4%) | |
Price Decreased | |||
Sep 27, 2023 | Price Decreased |
$699,900
↓ $25K
(3.5%) | |
Price Decreased | |||
Sep 13, 2023 | Listed by Urban Circle Realty | $725,000 | |
Listed by Urban Circle Realty |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/23/2022
|
3 Bed
|
3 Bath
|
-
|
$729,000
3 Bed
3 Bath
|
$729,000
05/19/2022
|
-
|
Tom Wehr
Compass
| |
10/30/2017
|
3 Bed
|
3 Bath
|
-
|
$600,000
3 Bed
3 Bath
|
$600,000
01/26/2018
|
-
|
Pete Guiney
Compass
| |
10/25/2017
|
3 Bed
|
2 Bath
|
-
|
$550,000
3 Bed
2 Bath
|
$550,000
01/08/2018
|
-
|
Sherean Azarmi
Urban Circle Realty
|
Building Info
- 1 Unit for Sale