38 Canopy
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 |
|---|---|---|---|
| Nov 14, 2025 | Sold | ||
| Sold | |||
| Nov 14, 2025 | Listed by Harvest Realty Development, Inc. | $1,990,000 | |
| Listed by Harvest Realty Development, Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/14/2025
| |
3 Bed
|
2 Bath
|
2073 ft²
|
$1,990,000
3 Bed
2 Bath
2073 ft²
|
$1,950,000
-2.01%
11/14/2025
|
Yan Wang
Keller Williams Realty
|
|
01/31/2025
| |
3 Bed
|
3 Bath
|
2073 ft²
|
$2,195,000
3 Bed
3 Bath
2073 ft²
|
$2,120,000
-3.42%
03/13/2025
|
Destiny Davis
Douglas Elliman
|
|
06/21/2023
| |
3 Bed
|
2.5 Bath
|
2073 ft²
|
$1,500,000
3 Bed
2.5 Bath
2073 ft²
|
$1,550,000
+3.33%
07/12/2023
|
Lisa Hungerford
First Team Real Estate
|
|
05/14/2018
| |
3 Bed
|
2 Bath
|
2073 ft²
|
$1,058,000
3 Bed
2 Bath
2073 ft²
|
$1,012,000
-4.35%
09/13/2018
|
Yumei Zong
Zutila, Inc
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017