309 4th Street #114
About This Property
The manager has listed the unit size as 1285 square feet.
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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 |
|---|---|---|---|
| Aug 28, 2020 | No longer available | - | |
| No longer available | |||
| Jul 31, 2020 | Listed | $783,000 | |
| Listed | |||
| Jul 10, 2013 | Sold | ||
| Sold | |||
| May 24, 2013 | Listed | $349,000 | |
| Listed | |||
| | |||
|
Hip and spacious loft in re-purposed bldg in Jack London Historic Warehouse District. 1 BR/ loft with BA up, plus room on main, new appliances , carpet and paint. Concrete floors, industrial windows, skylights. Great location near transportation, vibrant neighborhood with restaurants.
| |||
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