1
Map
357 MONROE Street
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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 |
|---|---|---|---|
| Jun 27, 2022 | Sold | ||
| Sold | |||
| Apr 15, 2016 | Sold | ||
| Sold | |||
| Dec 3, 2015 | Listed by Halstead dba Brown Harris Stevens Residential Sales LLC | $1,450,000 | |
| Listed by Halstead dba Brown Harris Stevens Residential Sales LLC | |||
| Dec 30, 2013 | Sold | ||
| Sold | |||
| Mar 18, 2013 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/20/2022
|
5 Bed
|
4 Bath
|
3100 ft²
|
$1,895,000
5 Bed
4 Bath
3100 ft²
|
$2,225,000
+17.41%
06/27/2022
|
Margaret Newville
Compass
| |
|
12/03/2015
| |
Studio
|
-
|
-
|
$1,450,000
Studio
-
|
$1,450,000
04/15/2016
|
Suzanne D Ashwarri
Halstead dba Brown Harris Stevens Residential Sales LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017