2980 NE Division #48
About This Property
The manager has listed the unit size as 934 square feet.
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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 |
|---|---|---|---|
| Jun 25, 2021 | No longer available | - | |
| No longer available | |||
| Jun 10, 2021 | Listed | $50,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/23/2023
|
2 Bed
|
2 Bath
|
924 ft²
|
$72,900
2 Bed
2 Bath
924 ft²
|
-
-
|
Marjorie Baker
McKenzie-Baker Properties
| |
|
09/06/2023
|
2 Bed
|
1 Bath
|
840 ft²
|
$29,900
2 Bed
1 Bath
840 ft²
|
-
-
|
Marjorie Baker
McKenzie-Baker Properties
| |
|
11/11/2022
|
2 Bed
|
1 Bath
|
840 ft²
|
$45,000
2 Bed
1 Bath
840 ft²
|
-
-
|
Nicole Richards
eXp Realty, LLC
| |
|
08/15/2022
| |
2 Bed
|
1 Bath
|
840 ft²
|
$45,000
2 Bed
1 Bath
840 ft²
|
-
-
|
Steve Yates
RE/MAX Equity Group
|
|
07/26/2022
|
3 Bed
|
2 Bath
|
-
|
$149,900
3 Bed
2 Bath
|
-
-
|
Elaine Trump
J and M Homes,LLC
| |
|
10/08/2021
| |
2 Bed
|
2 Bath
|
1056 ft²
|
$45,000
2 Bed
2 Bath
1056 ft²
|
-
-
|
Eduardo Reyes
Keller Williams Realty Portland Premiere
|
|
06/10/2021
|
3 Bed
|
2 Bath
|
-
|
$42,500
3 Bed
2 Bath
|
-
-
|
Mike Patrick
J and M Homes,LLC
| |
|
06/10/2021
|
2 Bed
|
1 Bath
|
934 ft²
|
$50,000
2 Bed
1 Bath
934 ft²
|
-
-
|
Alice Randall
J and M Homes,LLC
| |
|
07/21/2020
| |
3 Bed
|
2 Bath
|
1440 ft²
|
$75,000
3 Bed
2 Bath
1440 ft²
|
-
-
|
-
|
|
07/04/2020
|
2 Bed
|
2 Bath
|
-
|
$82,500
2 Bed
2 Bath
|
-
-
|
Alice Randall
J and M Homes,LLC
| |
|
04/03/2019
| |
2 Bed
|
1 Bath
|
980 ft²
|
$30,000
2 Bed
1 Bath
980 ft²
|
-
-
|
-
|
|
06/01/2018
| |
4 Bed
|
2 Bath
|
1440 ft²
|
$139,000
4 Bed
2 Bath
1440 ft²
|
-
-
|
-
|
Building Info
- 1 Unit for Sale
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017