3002 SAIL POINTE CIRCLE #1B
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 31, 2025 | Sold | ||
| Sold | |||
| Jul 16, 2025 | In contract | - | |
| In contract | |||
| Jul 1, 2025 | Price Decreased |
$198,900
↓ $16K
(7.5%) | |
| Price Decreased | |||
| Jun 10, 2025 | Price Decreased |
$214,900
↓ $3K
(1.4%) | |
| Price Decreased | |||
| May 19, 2025 | Price Decreased |
$218,000
↓ $4K
(1.8%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/06/2025
|
3 Bed
|
2 Bath
|
1223 ft²
|
$224,900
3 Bed
2 Bath
1223 ft²
|
$187,000
-16.85%
07/31/2025
|
MICHAEL SHARMAN LLC
ONE SOTHEBY'S INTERNATIONAL REALTY
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017