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37-28 85th Street #31
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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Dec 12, 2024 | Sold | ||
Sold | |||
Jun 1, 2024 | Listed by EXP Realty | $432,000 | |
Listed by EXP Realty | |||
| |||
Charming one bedroom co-op in the heart of Historic Jackson
Heights. Discover the perfect blend of historic charm and modern
convenience in this beautifully renovated one bedroom gem of a
co-op located in the vibrant and highly sought-after historic
district of Jackson Heights. This third-floor apartment offers an
exceptional living experience with its spacious layout,
sun-drenched rooms, and meticulously preserved architectural
details. The large living room provides ample space for…
| |||
May 1, 2024 | No longer available | - | |
No longer available | |||
Feb 1, 2024 | Listed by EXP Realty | $432,000 | |
Listed by EXP Realty | |||
| |||
Welcome to your new home in the heart of the charming and historic
Jackson Heights neighborhood! This 1 bedroom, 1-bath co-op is a
true gem, offering stunning natural light throughout the day to
give your home a bright and airy feel. The unit is filled with
beautiful details, from hardwood flooring to high ceilings and
ample closet space. One of the best features of this co-op is the
private garden for residents, perfect for enjoying a quiet morning
coffee and enjoying nature. The building…
| |||
Dec 29, 2023 | No longer available | - | |
No longer available |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
02/01/2024
|
1 Bed
|
1 Bath
|
-
|
$432,000
1 Bed
1 Bath
|
-
-
|
-
|
Hamlet Perez
EXP Realty
| |
07/21/2023
|
1 Bed
|
1 Bath
|
-
|
$434,000
1 Bed
1 Bath
|
-
-
|
-
|
Vincent Koo
EXP Realty
| |
11/19/2020
|
2 Bed
|
1 Bath
|
-
|
$578,500
2 Bed
1 Bath
|
$578,500
10/22/2021
|
-
|
Armen Meschian
CORE Group Marketing LLC
| |
08/13/2018
|
1 Bed
|
1 Bath
|
850 ft²
|
$348,500
1 Bed
1 Bath
850 ft²
|
$305,000
-12.48%
02/25/2019
|
-
|
Armen Kojoyian
CORE Group Marketing LLC
| |
06/19/2018
| |
1 Bed
|
1 Bath
|
-
|
$293,000
1 Bed
1 Bath
|
-
-
|
-
|
-
|