20
Map
316 22nd Street #1B
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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jun 15, 2024 | No longer available | - | |
No longer available | |||
May 1, 2024 | Price Decreased |
$849,000
↓ $150K
(15%) | |
Price Decreased | |||
Mar 20, 2024 | Listed by Madison Estates & Properties | $999,000 | |
Listed by Madison Estates & Properties | |||
| |||
Located where Greenwood Heights and Park Slope meet, This Residence
offers Simplistic Modern Design with attention to detail. Each home
boasts a generous floor plan with amazing natural light and plenty
of additional room to stretch out. Many offer huge private outdoor
spaces that are perfect for entertaining or for enjoying some quiet
time with nature. Step inside and you will feel the quality of the
craftsmanship from the artistic lobby to the Roof Terrace where you
can enjoy views of…
| |||
Mar 9, 2024 | Withdrawn | - | |
Withdrawn | |||
Jan 22, 2024 | Price Decreased |
$1,150,000
↓ $205K
(15.1%) | |
Price Decreased |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/20/2024
|
1 Bed
|
1 Bath
|
778 ft²
|
$799,000
1 Bed
1 Bath
778 ft²
|
-
-
|
-
|
Joseph Baglio
Madison Estates Downtown Ltd
| |
03/20/2024
|
1 Bed
|
1.5 Bath
|
917 ft²
|
$1,149,000
1 Bed
1.5 Bath
917 ft²
|
-
-
|
-
|
Joseph Baglio
Madison Estates Downtown Ltd
| |
11/14/2023
|
Studio
|
2 Bath
|
-
|
$1,355,000
Studio
2 Bath
|
-
-
|
-
|
Evangelia Boudourakis
Daniel Gale Sotheby's
| |
03/20/2024
|
Studio
|
1.5 Bath
|
603 ft²
|
$1,049,000
Studio
1.5 Bath
603 ft²
|
-
-
|
-
|
Joseph Baglio
Madison Estates Downtown Ltd
| |
03/20/2024
|
2 Bed
|
2 Bath
|
1219 ft²
|
$1,649,000
2 Bed
2 Bath
1219 ft²
|
-
-
|
-
|
Joseph Baglio
Madison Estates Downtown Ltd
| |
11/14/2023
|
2 Bed
|
2 Bath
|
-
|
$1,195,000
2 Bed
2 Bath
|
$1,150,000
-3.77%
01/22/2024
|
-
|
Evangelia Boudourakis
Daniel Gale Sotheby's
| |
11/14/2023
|
2 Bed
|
2 Bath
|
-
|
$1,798,000
2 Bed
2 Bath
|
-
-
|
-
|
Evangelia Boudourakis
Daniel Gale Sotheby's
| |
04/10/2023
|
2 Bed
|
2 Bath
|
1010 ft²
|
$1,227,000
2 Bed
2 Bath
1010 ft²
|
$1,150,000
-6.28%
12/28/2023
|
-
|
Peter Becker
Elliman
| |
02/22/2023
|
2 Bed
|
2 Bath
|
952 ft²
|
$1,164,000
2 Bed
2 Bath
952 ft²
|
$1,200,000
+3.09%
11/24/2023
|
-
|
Jose Nunez
Avenue Sothebys International Realty
| |
01/18/2023
|
2 Bed
|
2 Bath
|
1272 ft²
|
$1,538,400
2 Bed
2 Bath
1272 ft²
|
$1,538,000
-0.03%
11/03/2023
|
-
|
Jose Nunez
Avenue Sothebys International Realty
| |
07/31/2020
| |
Loft
|
-
|
12000 ft²
|
$4,188,000
Loft
-
12000 ft²
|
$4,000,000
-4.49%
07/20/2021
|
Daniel Gamil
|