306 Ivy Lane
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 11, 2019 | Sold | ||
| Sold | |||
| Apr 22, 2019 | Listed by Coldwell Banker Village Prop | $249,000 | |
| Listed by Coldwell Banker Village Prop | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/15/2022
| |
2 Bed
|
2 Bath
|
1281 ft²
|
$385,000
2 Bed
2 Bath
1281 ft²
|
-
-
|
Gregory Wakeham
Re/Max Premier Realty
|
|
04/22/2019
| |
2 Bed
|
2 Bath
|
1281 ft²
|
$249,000
2 Bed
2 Bath
1281 ft²
|
$245,000
-1.61%
07/11/2019
|
Abby Elston
Coldwell Banker Village Prop
|
|
09/06/2017
| |
2 Bed
|
2 Bath
|
1281 ft²
|
$225,000
2 Bed
2 Bath
1281 ft²
|
$200,000
-11.11%
01/19/2018
|
Vicki Robertson
Coldwell Banker Village Prop
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017