278 Monroe Drive #17
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%.
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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 |
|---|---|---|---|
| Dec 10, 2025 | Sold | ||
| Sold | |||
| Dec 3, 2025 | In contract | - | |
| In contract | |||
| Nov 24, 2025 | Price Decreased |
$699,000
↓ $51K
(6.8%) | |
| Price Decreased | |||
| Nov 10, 2025 | Price Decreased |
$749,900
↓ $39K
(5%) | |
| Price Decreased | |||
| Oct 29, 2025 | Listed by Intero Real Estate Services | $789,000 | |
| Listed by Intero Real Estate Services | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/05/2025
|
2 Bed
|
1 Bath
|
939 ft²
|
$725,000
2 Bed
1 Bath
939 ft²
|
$751,000
+3.59%
01/21/2026
|
Rachel DiNapoli
Christie's International Real Estate Sereno
| |
|
10/29/2025
|
2 Bed
|
1 Bath
|
939 ft²
|
$789,000
2 Bed
1 Bath
939 ft²
|
$625,000
-20.79%
12/10/2025
|
A. Elmengard
Intero Real Estate Services
| |
|
09/18/2025
|
2 Bed
|
1 Bath
|
899 ft²
|
$849,000
2 Bed
1 Bath
899 ft²
|
$810,000
-4.59%
10/24/2025
|
Drew Doran
Coldwell Banker Realty
| |
|
10/31/2024
|
2 Bed
|
1 Bath
|
939 ft²
|
$788,000
2 Bed
1 Bath
939 ft²
|
$770,000
-2.28%
01/17/2025
|
Shelli Baker
Coldwell Banker Realty
| |
|
05/18/2024
|
2 Bed
|
1 Bath
|
900 ft²
|
$789,500
2 Bed
1 Bath
900 ft²
|
$789,500
07/03/2024
|
Kathleen Wilson
BHG RE RELIANCE PARTNERS
| |
|
01/21/2022
| |
2 Bed
|
1 Bath
|
939 ft²
|
$799,000
2 Bed
1 Bath
939 ft²
|
-
-
|
Royce H. Cablayan
Sereno
|
|
08/18/2021
|
2 Bed
|
1 Bath
|
899 ft²
|
$853,211
2 Bed
1 Bath
899 ft²
|
$853,211
12/10/2021
|
A. Elmengard
Intero Real Estate Services
| |
|
02/11/2021
| |
2 Bed
|
1 Bath
|
899 ft²
|
$749,000
2 Bed
1 Bath
899 ft²
|
-
-
|
-
|
|
11/02/2020
|
2 Bed
|
1 Bath
|
899 ft²
|
$799,000
2 Bed
1 Bath
899 ft²
|
$825,000
+3.25%
12/15/2020
|
Vivian Lee
Desert Pacifica Real Estate Co
| |
|
02/22/2019
| |
2 Bed
|
1 Bath
|
939 ft²
|
$875,000
2 Bed
1 Bath
939 ft²
|
-
-
|
-
|
|
02/09/2019
|
2 Bed
|
1 Bath
|
939 ft²
|
$875,000
2 Bed
1 Bath
939 ft²
|
$930,000
+6.29%
04/03/2019
|
Paul Younan
Claremont Properties
| |
|
03/08/2018
|
2 Bed
|
1 Bath
|
939 ft²
|
$849,000
2 Bed
1 Bath
939 ft²
|
$1,100,000
+29.56%
04/03/2018
|
Colleen Rose
Christie's International Real Estate Sereno
| |
|
01/11/2018
|
2 Bed
|
1 Bath
|
939 ft²
|
$798,000
2 Bed
1 Bath
939 ft²
|
$1,032,000
+29.32%
02/11/2018
|
David Troyer
Intero Real Estate Services
| |
|
06/09/2017
|
2 Bed
|
1 Bath
|
939 ft²
|
$899,000
2 Bed
1 Bath
939 ft²
|
$845,000
-6.01%
08/21/2017
|
Kimberly Leal
Keller Williams Realty-Silicon Valley
| |
|
03/10/2015
|
2 Bed
|
1 Bath
|
939 ft²
|
$655,000
2 Bed
1 Bath
939 ft²
|
$655,000
03/10/2015
|
Erinna Tsai
Maxreal
| |
|
09/17/2014
|
2 Bed
|
1 Bath
|
899 ft²
|
$559,900
2 Bed
1 Bath
899 ft²
|
$598,000
+6.80%
10/31/2014
|
Ulrike Bisono
Omni Square Real Estate
| |
|
09/12/2013
|
2 Bed
|
1 Bath
|
899 ft²
|
$499,500
2 Bed
1 Bath
899 ft²
|
$560,000
+12.11%
10/22/2013
|
Kate Finnigan
Intero Real Estate Services
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017