400 Oceanfront #LOWER
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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/25/2023
|
3 Bed
|
2 Bath
|
-
|
$789,000
3 Bed
2 Bath
|
$735,000
-6.84%
08/10/2023
|
Rhea Cory Knopf
Compass Greater NY LLC
| |
|
02/04/2021
|
3 Bed
|
2 Bath
|
-
|
$689,000
3 Bed
2 Bath
|
$689,000
10/19/2021
|
Dennis Weinberg
Realty Connect USA LLC
| |
|
01/30/2020
| |
3 Bed
|
2 Bath
|
-
|
$625,000
3 Bed
2 Bath
|
$575,000
-8.00%
10/15/2020
|
Michael A. Egbert
Verdeschi & Walsh Realty LLC
|
|
07/21/2019
| |
3 Bed
|
2 Bath
|
-
|
$699,000
3 Bed
2 Bath
|
-
-
|
Michael A. Egbert
Keystone Realty USA Corp
|
|
02/02/2016
|
3 Bed
|
2 Bath
|
-
|
$580,000
3 Bed
2 Bath
|
$500,000
-13.79%
05/18/2016
|
Joyce Coletti
Douglas Elliman Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017