4 Walter Edwards #12
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 15, 2023 | Sold | ||
| Sold | |||
| Oct 20, 2023 | In contract | - | |
| In contract | |||
| Jun 2, 2023 | Price Increased |
$534,900
↑ $5K
(0.9%) | |
| Price Increased | |||
| May 22, 2023 | Price Decreased |
$529,900
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Feb 12, 2023 | Listed by Conway - Mansfield | $534,900 | |
| Listed by Conway - Mansfield | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/12/2023
|
2 Bed
|
2 Bath
|
1566 ft²
|
$534,900
2 Bed
2 Bath
1566 ft²
|
$583,535
+9.09%
08/30/2024
|
LeeAnn Cerretani
Conway - Mansfield
| |
|
02/12/2023
|
2 Bed
|
2 Bath
|
1560 ft²
|
$524,900
2 Bed
2 Bath
1560 ft²
|
$539,900
+2.86%
12/15/2023
|
Sabrina Kelsey
Wachusett Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017