3123 Hells Gate Loop #47
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%.
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 |
|---|---|---|---|
| Oct 25, 2021 | Sold | ||
| Sold | |||
| Jul 23, 2021 | Listed by MIKE POWELL REAL ESTATE | $350,000 | |
| Listed by MIKE POWELL REAL ESTATE | |||
| | |||
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View View View. Recently remodeled two bedrooms, two and half bathrooms, fireplace, bar, balcony off the master, utility closet, granite countertops, tastefully decorated. Enjoy the elevated view from your lakeside patio having your morning coffee or evening drink. Includes a carport for your vehicle or lake toys. It's the only unit available with a view. You had better hurry.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/01/2025
|
2 Bed
|
2 Bath
|
1260 ft²
|
$399,999
2 Bed
2 Bath
1260 ft²
|
$330,000
-17.50%
02/27/2026
|
Maggie Burgess
Possum Kingdom Real Estate
| |
|
02/25/2025
| |
2 Bed
|
1 Bath
|
1260 ft²
|
$399,999
2 Bed
1 Bath
1260 ft²
|
-
-
|
Derek Eisenberg
Continental Real Estate Group Inc
|
|
07/23/2021
|
2 Bed
|
1 Bath
|
1260 ft²
|
$350,000
2 Bed
1 Bath
1260 ft²
|
$325,000
-7.14%
10/25/2021
|
Michael Powell
MIKE POWELL REAL ESTATE
| |
|
07/13/2017
| |
2 Bed
|
2.5 Bath
|
1260 ft²
|
-
2 Bed
2.5 Bath
1260 ft²
|
-
-
|
-
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017