363 Compass Point DRIVE #202
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Mar 16, 2024 | In contract | - | |
| In contract | |||
| Jan 6, 2024 | Price Decreased |
$1,425,000
↓ $50K
(3.4%) | |
| Price Decreased | |||
| Oct 5, 2023 | Price Decreased |
$1,474,900
↓ $24K
(1.6%) | |
| Price Decreased | |||
| Sep 2, 2023 | Listed by KELLER WILLIAMS ON THE WATER | $1,499,000 | |
| Listed by KELLER WILLIAMS ON THE WATER | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/02/2023
|
3 Bed
|
3 Bath
|
2964 ft²
|
$1,499,000
3 Bed
3 Bath
2964 ft²
|
$1,375,000
-8.27%
04/30/2024
|
Dennis Smith, LLC
KELLER WILLIAMS ON THE WATER
| |
|
02/22/2023
|
3 Bed
|
3 Bath
|
2964 ft²
|
$1,695,000
3 Bed
3 Bath
2964 ft²
|
-
-
|
Tony DiFolco, III
DALTON WADE INC
| |
|
04/08/2022
|
3 Bed
|
3 Bath
|
1994 ft²
|
$925,000
3 Bed
3 Bath
1994 ft²
|
$935,000
+1.08%
05/17/2022
|
Wendy Lynn
FINE PROPERTIES
| |
|
11/01/2019
|
3 Bed
|
3 Bath
|
1994 ft²
|
$699,900
3 Bed
3 Bath
1994 ft²
|
$565,000
-19.27%
10/05/2020
|
Lori Guerin
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017