3 Commodore Way #2
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%.
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 8, 2016 | Sold | ||
| Sold | |||
| Dec 25, 2015 | Listed by LAER Realty Partners | $429,900 | |
| Listed by LAER Realty Partners | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/14/2021
|
2 Bed
|
3 Bath
|
1980 ft²
|
$579,000
2 Bed
3 Bath
1980 ft²
|
$652,500
+12.69%
09/03/2021
|
Sumathi Narayanan
Sumathi Narayanan Realty LLC
| |
|
12/25/2015
|
2 Bed
|
3 Bath
|
1980 ft²
|
$429,900
2 Bed
3 Bath
1980 ft²
|
$429,900
06/08/2016
|
Eileen Hayes
LAER Realty Partners
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017