320 Riesling Avenue #33
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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Jan 23, 2025 | In contract | - | |
| In contract | |||
| Dec 2, 2024 | No longer available | - | |
| No longer available | |||
| Oct 7, 2024 | Relisted | $1,000,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/19/2025
|
3 Bed
|
2 Bath
|
1552 ft²
|
$1,158,888
3 Bed
2 Bath
1552 ft²
|
$1,150,000
-0.77%
09/05/2025
|
Jaya Joshi
NextHome Premier Realty Group
| |
|
09/26/2024
|
3 Bed
|
3 Bath
|
1552 ft²
|
$1,000,000
3 Bed
3 Bath
1552 ft²
|
$1,190,000
+19.00%
02/14/2025
|
Michelle Lin
Parkway Real Estate
| |
|
09/06/2024
|
3 Bed
|
3 Bath
|
1458 ft²
|
$1,098,800
3 Bed
3 Bath
1458 ft²
|
$1,120,000
+1.93%
11/04/2024
|
Yolanda Zhang
Keller Williams Realty - Cupertino
| |
|
03/27/2021
| |
3 Bed
|
3 Bath
|
1458 ft²
|
$996,600
3 Bed
3 Bath
1458 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017