2800 MITCHELL Drive #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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 25, 2023 | Sold | ||
| Sold | |||
| Jun 2, 2023 | Listed by Realty Executives Premiere | $170,000 | |
| Listed by Realty Executives Premiere | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/08/2024
|
1 Bed
|
1 Bath
|
900 ft²
|
$174,900
1 Bed
1 Bath
900 ft²
|
$174,900
09/19/2024
|
Diana Dambrauskiene
Re/Max Millennium
| |
|
03/03/2024
|
1 Bed
|
1 Bath
|
900 ft²
|
$148,000
1 Bed
1 Bath
900 ft²
|
$146,000
-1.35%
03/29/2024
|
Michael Spejcher
RE/MAX Central Inc.
| |
|
08/21/2023
|
2 Bed
|
2 Bath
|
1150 ft²
|
$187,000
2 Bed
2 Bath
1150 ft²
|
$177,000
-5.35%
10/05/2023
|
Daphne Pinkney
eXp Realty, LLC
| |
|
06/03/2023
|
1 Bed
|
1 Bath
|
900 ft²
|
$140,000
1 Bed
1 Bath
900 ft²
|
-
-
|
Michael Spejcher
RE/MAX Central Inc.
| |
|
06/02/2023
|
2 Bed
|
2 Bath
|
1150 ft²
|
$170,000
2 Bed
2 Bath
1150 ft²
|
$176,500
+3.82%
07/25/2023
|
Jennifer Holloway
Realty Executives Premiere
| |
|
04/03/2023
|
2 Bed
|
2 Bath
|
1150 ft²
|
$175,000
2 Bed
2 Bath
1150 ft²
|
$175,000
05/08/2023
|
Jingyu Zhou
Pan Realty
| |
|
06/29/2022
|
1 Bed
|
1 Bath
|
900 ft²
|
$120,000
1 Bed
1 Bath
900 ft²
|
$125,300
+4.42%
08/29/2022
|
Lauren Apicella
eXp Realty LLC
| |
|
08/18/2021
|
2 Bed
|
2 Bath
|
1150 ft²
|
$136,900
2 Bed
2 Bath
1150 ft²
|
$127,000
-7.23%
10/13/2021
|
Tom George
Discover Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017