39 Montrose St #2
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 |
|---|---|---|---|
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Jun 27, 2026 | In contract | - | |
| In contract | |||
| Jun 22, 2026 | Price Decreased |
$599,000
↓ $20K
(3.2%) | |
| Price Decreased | |||
| Jun 3, 2026 | Relisted | $669,000 | |
| Relisted | |||
| Jun 3, 2026 | Price Decreased |
$619,000
↓ $50K
(7.5%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/23/2026
|
3 Bed
|
2 Bath
|
1343 ft²
|
$669,000
3 Bed
2 Bath
1343 ft²
|
$599,000
-10.46%
07/31/2026
|
Walter Kucharski
PSR Real Estate
| |
|
02/08/2018
|
2 Bed
|
2 Bath
|
1140 ft²
|
$399,900
2 Bed
2 Bath
1140 ft²
|
$400,000
+0.03%
02/26/2018
|
Rhonda Stone
Realty Mark
| |
|
01/24/2018
|
3 Bed
|
2 Bath
|
1343 ft²
|
$419,900
3 Bed
2 Bath
1343 ft²
|
$455,000
+8.36%
03/07/2018
|
Matthew Mantalos
Bloc, LLC
| |
|
05/02/2016
| |
4 Bed
|
2 Bath
|
1813 ft²
|
$225,000
4 Bed
2 Bath
1813 ft²
|
$275,000
+22.22%
07/13/2016
|
Rachel Hillman Foy
Hillman Homes
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017