3507 PERSHING #3
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 |
|---|---|---|---|
| Dec 28, 2009 | Sold | ||
| Sold | |||
| Jul 21, 2009 | Listed by Future Co., REALTORS | $64,900 | |
| Listed by Future Co., REALTORS | |||
| Oct 12, 2006 | Sold | ||
| Sold | |||
| Mar 27, 2006 | Listed by ARP Action Real Properties LLC | $125,000 | |
| Listed by ARP Action Real Properties LLC | |||
| | |||
|
Nice triplex in 5 point area. Centraly located near bus stops, schools & shopping. Very desireble area. 100 occupied.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/21/2009
|
Studio
|
-
|
-
|
$64,900
Studio
-
|
$63,000
-2.93%
12/28/2009
|
Steve Hicks
Future Co., REALTORS
| |
|
03/27/2006
|
Studio
|
-
|
-
|
$125,000
Studio
-
|
$125,000
10/12/2006
|
Belinda Mena
ARP Action Real Properties LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017