39678 Road 425B #6
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%.
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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 |
|---|---|---|---|
| Sep 20, 2024 | Sold | ||
| Sold | |||
| Aug 27, 2024 | Price Decreased |
$107,000
↓ $8K
(7%) | |
| Price Decreased | |||
| Aug 27, 2024 | In contract | - | |
| In contract | |||
| Feb 2, 2024 | Listed by Century 21 Ditton Realty | $115,000 | |
| Listed by Century 21 Ditton Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/29/2024
|
2 Bed
|
2 Bath
|
1200 ft²
|
$90,000
2 Bed
2 Bath
1200 ft²
|
$95,000
+5.56%
02/27/2025
|
Shannon OBrien
Sand & Sea Realty, Inc.
| |
|
05/30/2024
|
2 Bed
|
2 Bath
|
800 ft²
|
$84,500
2 Bed
2 Bath
800 ft²
|
$74,000
-12.43%
10/25/2024
|
Rick Jackson
Richard Jackson, Broker
| |
|
02/02/2024
|
2 Bed
|
2 Bath
|
1200 ft²
|
$115,000
2 Bed
2 Bath
1200 ft²
|
$103,000
-10.43%
09/20/2024
|
Shannon OBrien
Sand & Sea Realty, Inc.
| |
|
01/02/2024
|
2 Bed
|
2 Bath
|
1392 ft²
|
$78,000
2 Bed
2 Bath
1392 ft²
|
-
-
|
Edward Bailey
Ed Bailey Realty
| |
|
11/07/2023
|
2 Bed
|
1 Bath
|
1000 ft²
|
$60,000
2 Bed
1 Bath
1000 ft²
|
-
-
|
Shannon OBrien
Sand & Sea Realty, Inc.
| |
|
04/07/2023
|
2 Bed
|
1 Bath
|
960 ft²
|
$58,000
2 Bed
1 Bath
960 ft²
|
-
-
|
Kenneth Jackson
Coldwell Banker Premier R. E.
| |
|
03/09/2023
|
3 Bed
|
2 Bath
|
1440 ft²
|
$84,900
3 Bed
2 Bath
1440 ft²
|
-
-
|
Kenneth Jackson
Coldwell Banker Premier R. E.
| |
|
02/15/2022
|
2 Bed
|
2 Bath
|
-
|
$80,000
2 Bed
2 Bath
|
-
-
|
Shane Joffe
Homequest Sales
| |
|
09/22/2021
|
1 Bed
|
1 Bath
|
850 ft²
|
$55,000
1 Bed
1 Bath
850 ft²
|
-
-
|
Shannon OBrien
Sand & Sea Realty, Inc.
| |
|
07/03/2021
|
2 Bed
|
2 Bath
|
1440 ft²
|
$73,000
2 Bed
2 Bath
1440 ft²
|
-
-
|
Catherine Saenz
Coldwell Banker Premier R. E.
| |
|
04/22/2021
|
2 Bed
|
1 Bath
|
718 ft²
|
$57,500
2 Bed
1 Bath
718 ft²
|
-
-
|
-
| |
|
11/02/2020
|
2 Bed
|
2 Bath
|
800 ft²
|
$53,750
2 Bed
2 Bath
800 ft²
|
-
-
|
-
| |
|
08/17/2020
|
2 Bed
|
2 Bath
|
1200 ft²
|
$55,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
-
| |
|
01/13/2020
|
3 Bed
|
2 Bath
|
1400 ft²
|
$69,000
3 Bed
2 Bath
1400 ft²
|
-
-
|
-
| |
|
09/28/2019
| |
2 Bed
|
2 Bath
|
1000 ft²
|
$58,300
2 Bed
2 Bath
1000 ft²
|
-
-
|
-
|
|
06/04/2018
|
2 Bed
|
2 Bath
|
1440 ft²
|
-
2 Bed
2 Bath
1440 ft²
|
-
-
|
-
| |
|
07/30/2017
| |
1 Bed
|
1 Bath
|
720 ft²
|
-
1 Bed
1 Bath
720 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017