344 MODESTO Drive #19B
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 28, 2021 | Sold | ||
| Sold | |||
| Mar 17, 2021 | Listed by DREAM FINDERS REALTY LLC | $316,990 | |
| Listed by DREAM FINDERS REALTY LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/03/2024
| |
2 Bed
|
2 Bath
|
1319 ft²
|
$324,500
2 Bed
2 Bath
1319 ft²
|
$302,500
-6.78%
09/20/2024
|
Shelby Hodges
Coldwell Banker Premier Properties
|
|
10/06/2022
| |
2 Bed
|
2 Bath
|
1319 ft²
|
$339,990
2 Bed
2 Bath
1319 ft²
|
$345,000
+1.47%
11/22/2022
|
LUKE NEWCOMER
THE NEWCOMER GROUP
|
|
03/17/2021
|
2 Bed
|
2 Bath
|
1326 ft²
|
$316,990
2 Bed
2 Bath
1326 ft²
|
$311,553
-1.72%
10/28/2021
|
Batey McGraw
DFH Realty Texas,LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017