318 Dolphin Ln #2
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 7, 2019 | Sold | ||
| Sold | |||
| Apr 4, 2019 | No longer available | - | |
| No longer available | |||
| Mar 13, 2019 | Price Decreased |
$425,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Mar 8, 2019 | Price Decreased |
$435,000
↓ $2K
(0.5%) | |
| Price Decreased | |||
| Feb 16, 2019 | Price Increased |
$437,000
↑ $7K
(1.6%) | |
| Price Increased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/06/2019
|
4 Bed
|
3 Bath
|
1569 ft²
|
$430,000
4 Bed
3 Bath
1569 ft²
|
$430,000
05/07/2019
|
Rachel Gardner
Redfin Corporation
| |
|
06/09/2017
|
4 Bed
|
3 Bath
|
1569 ft²
|
$400,000
4 Bed
3 Bath
1569 ft²
|
$415,000
+3.75%
08/30/2017
|
Ana Smith
Berkshire Hathaway HomeService
| |
|
07/13/2016
|
3 Bed
|
2 Bath
|
1410 ft²
|
$349,000
3 Bed
2 Bath
1410 ft²
|
$340,000
-2.58%
09/27/2016
|
Mayra Conde
Solutions Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017