28 Line Rd #2
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 15, 2023 | Sold | ||
| Sold | |||
| Dec 23, 2022 | In contract | - | |
| In contract | |||
| Dec 20, 2022 | Relisted | $784,000 | |
| Relisted | |||
| Dec 9, 2022 | In contract | - | |
| In contract | |||
| Nov 24, 2022 | Price Decreased |
$784,000
↓ $900
(0.1%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/18/2022
|
4 Bed
|
3 Bath
|
2644 ft²
|
$794,900
4 Bed
3 Bath
2644 ft²
|
$789,000
-0.74%
02/15/2023
|
Emma Fula
Coldwell Banker Realty - Back Bay
| |
|
09/20/2022
|
4 Bed
|
3 Bath
|
2644 ft²
|
$799,900
4 Bed
3 Bath
2644 ft²
|
$775,000
-3.11%
11/21/2022
|
Lekha Damodharan
Century 21 North East
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017