394 Carmel Creeper Pl
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 |
|---|---|---|---|
| Dec 11, 2025 | Sold | ||
| Sold | |||
| Nov 26, 2025 | In contract | - | |
| In contract | |||
| Nov 16, 2025 | Price Decreased |
$948,000
↓ $27K
(2.8%) | |
| Price Decreased | |||
| Nov 6, 2025 | Price Decreased |
$975,000
↓ $24K
(2.4%) | |
| Price Decreased | |||
| Oct 22, 2025 | Price Decreased |
$998,888
↓ $40K
(3.9%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/16/2025
| |
2 Bed
|
2 Bath
|
1088 ft²
|
$1,038,888
2 Bed
2 Bath
1088 ft²
|
$953,000
-8.27%
12/11/2025
|
Johnny Perez
COMPASS
|
|
03/27/2019
| |
2 Bed
|
2 Bath
|
1088 ft²
|
$635,000
2 Bed
2 Bath
1088 ft²
|
$630,000
-0.79%
08/23/2019
|
Kristine Smithers
Player Properties
|
|
06/24/2013
| |
2 Bed
|
2 Bath
|
1088 ft²
|
$439,000
2 Bed
2 Bath
1088 ft²
|
$432,000
-1.59%
07/10/2013
|
Jeni Santangelo
My Real Estate & Mort. Co.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017