38-30 Douglaston Parkway #E2
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 |
---|---|---|---|
Mar 12, 2024 | Sold to Alexandra Alimaras, Tyler Dowd | $430,000 | |
Sold to Alexandra Alimaras, Tyler Dowd | |||
Dec 12, 2023 | In contract | - | |
In contract | |||
Nov 27, 2023 | Price Decreased |
$459,000
↓ $20K
(4.2%) | |
Price Decreased | |||
Nov 6, 2023 | Listed by LAFFEY REAL ESTATE | $479,000 | |
Listed by LAFFEY REAL ESTATE |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/13/2024
|
Studio
|
1 Bath
|
-
|
$184,000
Studio
1 Bath
|
$180,000
-2.17%
09/09/2024
|
-
|
Alex Giannikas
Modern Spaces
| |
05/11/2024
|
2 Bed
|
2 Bath
|
-
|
$599,000
2 Bed
2 Bath
|
-
-
|
-
|
Megan Branigan
Branch Real Estate Group
| |
11/06/2023
|
2 Bed
|
1 Bath
|
-
|
$479,000
2 Bed
1 Bath
|
$430,000
-10.23%
03/12/2024
|
Lynne G Jaffe
LAFFEY REAL ESTATE
| ||
01/20/2022
|
3 Bed
|
2 Bath
|
2330 ft²
|
$939,000
3 Bed
2 Bath
2330 ft²
|
-
-
|
-
|
David Esposito
Century Homes Realty Group LLC
| |
01/18/2021
|
3 Bed
|
2 Bath
|
2000 ft²
|
$985,000
3 Bed
2 Bath
2000 ft²
|
-
-
|
-
|
Esther Harris
Keller Williams Rlty Landmark
| |
10/19/2020
|
2 Bed
|
1 Bath
|
-
|
$489,000
2 Bed
1 Bath
|
$485,000
-0.82%
01/25/2021
|
Carolyn Meenan
Daniel Gale Associates Inc
| ||
08/05/2019
|
3 Bed
|
2 Bath
|
-
|
$948,000
3 Bed
2 Bath
|
$940,000
-0.84%
11/26/2019
|
-
|
Jane Stewart
Daniel Gale Sothebys Intl Rlty
| |
06/20/2019
|
2 Bed
|
1 Bath
|
-
|
$450,000
2 Bed
1 Bath
|
$430,000
-4.44%
12/05/2019
|
-
|
Helen Keit
Keller Williams Rlty Landmark
| |
03/28/2014
|
1 Bed
|
1 Bath
|
-
|
$249,000
1 Bed
1 Bath
|
$231,500
-7.03%
07/30/2014
|
-
|
Stephanie Belanich
Keller Williams Realty Greater
| |
03/18/2013
|
2 Bed
|
1 Bath
|
-
|
$464,000
2 Bed
1 Bath
|
$440,000
-5.17%
11/26/2013
|
Filiz Basu
Little Neck Realty
| ||
10/01/2012
|
2 Bed
|
1 Bath
|
-
|
$399,000
2 Bed
1 Bath
|
$370,000
-7.27%
03/01/2013
|
Derek Greene
Greene Realty Group
|
Building Info
- 32 Units