3398 Wayne Avenue #C42
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 |
---|---|---|---|
Nov 17, 2024 | In contract | - | |
In contract | |||
Nov 14, 2024 | No longer available | - | |
No longer available | |||
Sep 6, 2024 | In contract | - | |
In contract | |||
Jul 29, 2024 | Price Decreased |
$115,000
↓ $10K
(8%) | |
Price Decreased | |||
Jun 27, 2024 | Relisted | $135,000 | |
Relisted |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
12/15/2023
|
1 Bed
|
1 Bath
|
-
|
$129,900
1 Bed
1 Bath
|
$120,000
-7.62%
08/01/2024
|
-
|
Emilin Arias-Gil
Besmatch Real Estate
| |
06/08/2023
|
1 Bed
|
1 Bath
|
-
|
$139,000
1 Bed
1 Bath
|
-
-
|
-
|
Maria Moragianis
Robert E. Hill, Inc.
| |
04/22/2023
|
1 Bed
|
1 Bath
|
-
|
$135,000
1 Bed
1 Bath
|
-
-
|
-
|
Gilbert Perez
Gilbert Perez
| |
04/12/2023
|
1 Bed
|
1 Bath
|
-
|
$129,000
1 Bed
1 Bath
|
$129,000
02/16/2024
|
-
|
Maria Moragianis
Robert E. Hill, Inc.
| |
04/23/2022
|
2 Bed
|
1 Bath
|
-
|
$235,000
2 Bed
1 Bath
|
-
-
|
-
|
Maria Capotorto
Prudential Douglas Elliman Real Estate
| |
10/29/2022
|
1 Bed
|
1 Bath
|
-
|
$149,000
1 Bed
1 Bath
|
-
-
|
-
|
Gilbert Perez
Gilbert Perez
| |
07/06/2022
|
1 Bed
|
1 Bath
|
-
|
$145,000
1 Bed
1 Bath
|
-
-
|
-
|
Gilbert Perez
Gilbert Perez
| |
02/14/2022
|
1 Bed
|
1 Bath
|
-
|
$155,000
1 Bed
1 Bath
|
-
-
|
-
|
Gilbert Perez
Gilbert Perez
| |
02/04/2015
|
1 Bed
|
1 Bath
|
-
|
$125,000
1 Bed
1 Bath
|
$125,000
07/17/2015
|
-
|
Zaida Farnham
Douglas Elliman Real Estate
| |
08/25/2013
|
1 Bed
|
1 Bath
|
-
|
$145,000
1 Bed
1 Bath
|
-
-
|
-
|
Alex Salem
Prudential Douglas Elliman Real Estate
| |
10/05/2012
|
1 Bed
|
1 Bath
|
-
|
$110,000
1 Bed
1 Bath
|
-
-
|
-
|
Zaida Farnham
Douglas Elliman Real Estate
|