359 EASTERN PKWY #1
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 |
|---|---|---|---|
| Sep 27, 2016 | Sold | ||
| Sold | |||
| Mar 18, 2016 | Listed by Ideal Properties Group LLC | $950,000 | |
| Listed by Ideal Properties Group LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/18/2016
|
2 Bed
|
2 Bath
|
-
|
$950,000
2 Bed
2 Bath
|
$958,669
+0.91%
09/27/2016
|
Jennifer L Rhodes
Ideal Properties Group LLC
| |
|
03/18/2016
|
4 Bed
|
3.5 Bath
|
2335 ft²
|
$2,295,000
4 Bed
3.5 Bath
2335 ft²
|
-
10/14/2016
|
Jennifer Rhodes
Ideal Properties Group LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017