38-40 Parallel Street
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 |
|---|---|---|---|
| Dec 27, 2005 | Sold | ||
| Sold | |||
| Sep 10, 2005 | Listed by Kare Realty | $199,900 | |
| Listed by Kare Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/11/2019
| |
4 Bed
|
4 Bath
|
1728 ft²
|
$187,200
4 Bed
4 Bath
1728 ft²
|
$200,000
+6.84%
05/08/2020
|
Natasha Quiles
Real Estate Keys
|
|
09/10/2005
| |
4 Bed
|
4 Bath
|
1862 ft²
|
$199,900
4 Bed
4 Bath
1862 ft²
|
$193,500
-3.20%
12/27/2005
|
Raymond Nadeau
Kare Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017