2903 Lake Shore Drive #301
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 |
|---|---|---|---|
| Oct 8, 2025 | Sold | ||
| Sold | |||
| Sep 4, 2025 | In contract | - | |
| In contract | |||
| Nov 4, 2024 | Listed by AG Real Estate & Associates | $195,000 | |
| Listed by AG Real Estate & Associates | |||
| Apr 8, 2024 | No longer available | - | |
| No longer available | |||
| Mar 22, 2024 | Relisted | $220,000 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/01/2026
|
2 Bed
|
2 Bath
|
1178 ft²
|
$199,000
2 Bed
2 Bath
1178 ft²
|
$188,000
-5.53%
06/26/2026
|
Melissa Youmans
Kelly
| |
|
02/13/2026
|
2 Bed
|
2 Bath
|
1178 ft²
|
$189,000
2 Bed
2 Bath
1178 ft²
|
$180,400
-4.55%
05/08/2026
|
Douglas Eastland
Weichert, Realtors - The Eastland Group
| |
|
03/14/2025
|
2 Bed
|
2 Bath
|
1178 ft²
|
$199,900
2 Bed
2 Bath
1178 ft²
|
-
-
|
Celina Fuller Eastland
Weichert, Realtors - The Eastland Group
| |
|
02/24/2025
|
2 Bed
|
1 Bath
|
1017 ft²
|
$149,900
2 Bed
1 Bath
1017 ft²
|
$137,250
-8.44%
07/16/2025
|
Joslyn Horn
Camille Johnson
| |
|
11/04/2024
|
3 Bed
|
2 Bath
|
1389 ft²
|
$195,000
3 Bed
2 Bath
1389 ft²
|
$195,000
10/08/2025
|
Blair Gulley
AG Real Estate & Associates
| |
|
10/25/2023
|
3 Bed
|
2 Bath
|
1389 ft²
|
$220,000
3 Bed
2 Bath
1389 ft²
|
-
-
|
Marilyn Cameron
Texas Premier Realty
| |
|
09/28/2023
|
2 Bed
|
2 Bath
|
1178 ft²
|
$197,500
2 Bed
2 Bath
1178 ft²
|
-
-
|
Renee Gillette
Local Life Realty
| |
|
03/03/2023
|
2 Bed
|
2 Bath
|
1178 ft²
|
$219,900
2 Bed
2 Bath
1178 ft²
|
-
01/02/2024
|
Celina Fuller Eastland
Weichert, Realtors - Realty Experts
| |
|
05/13/2020
|
3 Bed
|
2 Bath
|
1389 ft²
|
$145,000
3 Bed
2 Bath
1389 ft²
|
-
-
|
-
| |
|
04/12/2020
|
2 Bed
|
2 Bath
|
1178 ft²
|
$134,900
2 Bed
2 Bath
1178 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017