4A Upper Ledge Rd #4A
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%.
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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 |
|---|---|---|---|
| Nov 11, 2014 | Sold | ||
| Sold | |||
| Aug 20, 2014 | Listed by Pinkham Real Estate | $224,900 | |
| Listed by Pinkham Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/04/2024
|
3 Bed
|
2 Bath
|
1651 ft²
|
$469,000
3 Bed
2 Bath
1651 ft²
|
$469,000
07/31/2024
|
Tami Mallett
Keller Williams Coastal Realty
| |
|
07/14/2023
|
3 Bed
|
2 Bath
|
1742 ft²
|
$459,000
3 Bed
2 Bath
1742 ft²
|
$464,000
+1.09%
09/15/2023
|
Kevin OBrien
Pinkham Real Estate
| |
|
07/30/2020
| |
3 Bed
|
2 Bath
|
1742 ft²
|
$335,900
3 Bed
2 Bath
1742 ft²
|
$322,000
-4.14%
09/18/2020
|
Janet McMahon
603 Redstone Realty, LLC
|
|
08/20/2014
|
3 Bed
|
3 Bath
|
1742 ft²
|
$224,900
3 Bed
3 Bath
1742 ft²
|
$215,000
-4.40%
11/11/2014
|
Josh Brustin
Pinkham Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017