4024 Exeter B #4024
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 |
|---|---|---|---|
| Mar 14, 2024 | Sold | ||
| Sold | |||
| Feb 23, 2024 | In contract | - | |
| In contract | |||
| Jan 15, 2024 | Price Decreased |
$199,900
↓ $25K
(11.1%) | |
| Price Decreased | |||
| Jan 3, 2024 | Price Decreased |
$224,900
↓ $13K
(5.3%) | |
| Price Decreased | |||
| Dec 16, 2023 | Price Increased |
$237,400
↑ $38K
(18.8%) | |
| Price Increased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/11/2023
|
2 Bed
|
1 Bath
|
861 ft²
|
$199,900
2 Bed
1 Bath
861 ft²
|
$199,000
-0.45%
03/14/2024
|
James Nardi
Advanced Asset Management Inc.
| |
|
08/17/2021
|
2 Bed
|
1 Bath
|
880 ft²
|
$110,000
2 Bed
1 Bath
880 ft²
|
$110,000
10/01/2021
|
Sherry Gottlieb
RE/MAX Select Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017