38 Hoyle Cir #385
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 |
|---|---|---|---|
| Nov 14, 2003 | Sold | ||
| Sold | |||
| Oct 9, 2003 | Listed by RE/MAX American Dream | $229,900 | |
| Listed by RE/MAX American Dream | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/24/2018
|
2 Bed
|
2 Bath
|
1317 ft²
|
$174,999
2 Bed
2 Bath
1317 ft²
|
$175,000
+0.00%
09/14/2018
|
Ryan Spencer
Carey Realty Group, Inc.
| |
|
09/10/2015
|
2 Bed
|
2 Bath
|
1208 ft²
|
$149,900
2 Bed
2 Bath
1208 ft²
|
$144,000
-3.94%
03/01/2016
|
Larry Spencer
Coldwell Banker Realty - Franklin
| |
|
05/06/2013
|
2 Bed
|
2 Bath
|
1204 ft²
|
$146,900
2 Bed
2 Bath
1204 ft²
|
$130,000
-11.50%
08/19/2013
|
Scott McGee
RE/MAX Properties
| |
|
10/09/2003
|
2 Bed
|
2 Bath
|
-
|
$229,900
2 Bed
2 Bath
|
$225,000
-2.13%
11/14/2003
|
Rita Benoit
RE/MAX American Dream
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017