3700 BABCOCK LN #87
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 |
|---|---|---|---|
| Oct 3, 2026 | Price Decreased |
$215,000
↓ $20K
(8.5%) | |
| Price Decreased | |||
| Sep 18, 2026 | Relisted | $235,000 | |
| Relisted | |||
| May 4, 2026 | Listed by ICON Real Estate Group | $235,000 | |
| Listed by ICON Real Estate Group | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/17/2024
|
3 Bed
|
2 Bath
|
1400 ft²
|
$228,000
3 Bed
2 Bath
1400 ft²
|
-
-
|
Katya Ulmer
ICON Real Estate Group
| |
|
03/08/2024
|
3 Bed
|
2 Bath
|
1404 ft²
|
$239,000
3 Bed
2 Bath
1404 ft²
|
-
-
|
Marsha Westling
ICON Real Estate Group
| |
|
12/09/2023
|
3 Bed
|
2 Bath
|
1588 ft²
|
$214,999
3 Bed
2 Bath
1588 ft²
|
-
-
|
Stephen Bates
United Real Estate Properties
| |
|
11/13/2023
|
3 Bed
|
2 Bath
|
1800 ft²
|
$270,000
3 Bed
2 Bath
1800 ft²
|
-
-
|
Gary Raze
RE/MAX Integrity
| |
|
08/19/2023
|
3 Bed
|
2 Bath
|
1700 ft²
|
$269,900
3 Bed
2 Bath
1700 ft²
|
-
-
|
Birgit Dugan
Coldwell Banker Professional Group
| |
|
07/28/2023
| |
3 Bed
|
2 Bath
|
1512 ft²
|
$200,000
3 Bed
2 Bath
1512 ft²
|
-
-
|
Joshua Cooley
Keller Williams The Cooley Real Estate Group
|
|
07/24/2023
|
3 Bed
|
2 Bath
|
1400 ft²
|
$207,900
3 Bed
2 Bath
1400 ft²
|
-
-
|
Birgit Dugan
Coldwell Banker Professional Group
| |
|
06/20/2023
|
2 Bed
|
2 Bath
|
1290 ft²
|
$185,000
2 Bed
2 Bath
1290 ft²
|
-
-
|
Katya Ulmer
ICON Real Estate Group
| |
|
06/17/2023
|
2 Bed
|
2 Bath
|
1296 ft²
|
$204,900
2 Bed
2 Bath
1296 ft²
|
-
-
|
Debi Douglass
ICON Real Estate Group
| |
|
06/08/2023
|
3 Bed
|
2 Bath
|
1404 ft²
|
$209,000
3 Bed
2 Bath
1404 ft²
|
-
-
|
Don Cottel
Hybrid Real Estate
| |
|
04/17/2023
|
2 Bed
|
2 Bath
|
1215 ft²
|
$221,900
2 Bed
2 Bath
1215 ft²
|
-
-
|
Birgit Dugan
Coldwell Banker Professional Group
| |
|
11/18/2022
|
3 Bed
|
2 Bath
|
1782 ft²
|
$240,450
3 Bed
2 Bath
1782 ft²
|
-
-
|
Birgit Dugan
Coldwell Banker Professional Group
| |
|
11/01/2022
|
3 Bed
|
2 Bath
|
1800 ft²
|
$250,000
3 Bed
2 Bath
1800 ft²
|
-
-
|
Jeanette Underwood
Windermere RE Lane County
| |
|
08/06/2021
| |
3 Bed
|
2 Bath
|
1620 ft²
|
$189,000
3 Bed
2 Bath
1620 ft²
|
-
-
|
Gary Draper
Keller Williams - Eugene
|
|
09/12/2018
| |
3 Bed
|
2 Bath
|
1087 ft²
|
-
3 Bed
2 Bath
1087 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017