309 4th Street #101
About This Property
The manager has listed the unit size as 1291 square feet.
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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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Sep 7, 2024 | In contract | - | |
| In contract | |||
| Aug 29, 2024 | Listed | $725,000 | |
| Listed | |||
| | |||
|
Welcome to 309 4th Street, Suite 101 at Portico Lofts—a modern industrial loft community in Jack London Square. This exceptional live/work loft is designed for those who appreciate a seamless blend of style, comfort, and functionality. Step into the open living/dining area, where a double-height wall of windows bathes the space in natural light, highlighting the polished concrete floors and clean lines of the stainless steel kitchen featuring sleek appliances and ample counter space, perfect for entertaining or enjoying a quiet meal at home. A bedroom, half bath and laundry closet complete the first floor. Upstairs, the spacious primary bedroom offers a serene retreat, complete with a modern built-in dresser, skylight, and en-suite bath. Adjacent to the bedroom is an office or vanity nook, ideal for working from home or getting ready in the morning, and a versatile sitting room can be tailored to your needs—whether it’s a nursery, cozy reading corner, art space, or tranquil yoga area. The upstairs area also includes a wall of closets and the full bath, lit by a skylight. This unit includes a dedicated, gated parking space. With a Walk Score of 97, you’re steps away from Jack London Square’s farmers market, restaurants, shops, bars, and multiple public transportation options.
| |||
| Mar 30, 2019 | No longer available | - | |
| No longer available | |||
| Mar 6, 2019 | Listed | $798,888 | |
| Listed | |||
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