309 4TH STREET #101
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%.
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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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Sep 7, 2024 | In contract | - | |
| In contract | |||
| Aug 29, 2024 | Listed by KW Advisors East Bay | $725,000 | |
| Listed by KW Advisors East Bay | |||
| Mar 30, 2019 | No longer available | - | |
| No longer available | |||
| Mar 6, 2019 | Listed | $798,888 | |
| Listed | |||
| | |||
|
Chris Strange - Agt: 408-9104712 - A true Work/Live Loft located in Jack London Square. Portico Loft Building. 1st Floor Bedroom is ideal for a variety of office spaces - Admin, Tech, Art, etc. It also opens up to the Kitchen Area, Living Room & Dining Area. Features an access door that leads to Harrsion St. The 2nd Floor features the Master Bedroom, Bathroom and Bonus space. Skylights & the windows facing Harrison Street gives this Loft tons of natural lighting. The parking area will feature one space for the unit.Steps from Jack London Square's Best Dining, Winery, Brewery, and Entertainment. Ideal Transportation minutes away- Amtrak, Ferry, Bart & Biking! The manager has listed the unit size as 1291 square feet.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/29/2024
|
2 Bed
|
2 Bath
|
1291 ft²
|
$725,000
2 Bed
2 Bath
1291 ft²
|
$725,000
09/27/2024
|
David Gunderman
Keller Williams Realty
| |
|
05/19/2023
|
2 Bed
|
1 Bath
|
1124 ft²
|
$745,000
2 Bed
1 Bath
1124 ft²
|
-
-
|
David Gunderman
Keller Williams Realty
| |
|
06/24/2022
|
2 Bed
|
1 Bath
|
1047 ft²
|
$749,000
2 Bed
1 Bath
1047 ft²
|
-
-
|
David Gunderman
Keller Williams Realty
| |
|
07/02/2021
|
2 Bed
|
1 Bath
|
1060 ft²
|
$775,000
2 Bed
1 Bath
1060 ft²
|
-
-
|
Mary Smartt
LAWTON ASSOCIATES
| |
|
09/28/2020
|
2 Bed
|
1 Bath
|
1285 ft²
|
$749,000
2 Bed
1 Bath
1285 ft²
|
-
-
|
-
| |
|
08/21/2020
|
2 Bed
|
1 Bath
|
1047 ft²
|
$749,000
2 Bed
1 Bath
1047 ft²
|
-
-
|
-
| |
|
07/31/2020
|
1 Bed
|
1 Bath
|
1285 ft²
|
$783,000
1 Bed
1 Bath
1285 ft²
|
-
-
|
-
| |
|
03/06/2019
|
2 Bed
|
2 Bath
|
1291 ft²
|
$798,888
2 Bed
2 Bath
1291 ft²
|
-
-
|
-
| |
|
09/08/2016
|
1 Bed
|
1 Bath
|
1062 ft²
|
$549,000
1 Bed
1 Bath
1062 ft²
|
$640,000
+16.58%
10/07/2016
|
Bruce Wagg
KW Santa Clara Valley, Inc.
| |
|
11/12/2015
|
2 Bed
|
1 Bath
|
1291 ft²
|
$579,000
2 Bed
1 Bath
1291 ft²
|
$645,000
+11.40%
11/25/2015
|
Barry Pilger
STAFFORD REAL ESTATE
| |
|
07/11/2013
|
1 Bed
|
1 Bath
|
1124 ft²
|
$349,000
1 Bed
1 Bath
1124 ft²
|
$452,500
+29.66%
08/19/2013
|
Bettina Balestrieri
THE GRUBB COMPANY
| |
|
05/24/2013
|
1 Bed
|
1 Bath
|
1285 ft²
|
$349,000
1 Bed
1 Bath
1285 ft²
|
$445,000
+27.51%
07/10/2013
|
Bettina Balestrieri
THE GRUBB COMPANY
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017