41-50 78 St #508
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%.
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 2, 2021 | Sold | ||
| Sold | |||
| Aug 25, 2021 | In contract | - | |
| In contract | |||
| Mar 19, 2021 | Listed | $470,000 | |
| Listed | |||
| Jan 26, 2021 | No longer available | - | |
| No longer available | |||
| Jan 10, 2021 | Relisted | $475,000 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/01/2024
|
Studio
|
1 Bath
|
438 ft²
|
$209,000
Studio
1 Bath
438 ft²
|
$204,000
-2.39%
12/10/2024
|
Hamlet Perez
EXP Realty
| |
|
02/06/2024
|
2 Bed
|
1 Bath
|
-
|
$428,000
2 Bed
1 Bath
|
$433,000
+1.17%
08/25/2024
|
Jim Pappas
Rock Realty
| |
|
12/02/2023
|
2 Bed
|
2 Bath
|
-
|
$529,000
2 Bed
2 Bath
|
$525,000
-0.76%
04/29/2024
|
Julieta Capati
Keller Williams Valley Realty
| |
|
06/21/2023
|
Studio
|
1 Bath
|
-
|
$209,000
Studio
1 Bath
|
-
-
|
Vincent Koo
Exit Realty Landmark
| |
|
03/28/2023
|
2 Bed
|
2 Bath
|
-
|
$509,000
2 Bed
2 Bath
|
$483,000
-5.11%
06/22/2023
|
Nelson A. Chua
Realty Connect USA LLC
| |
|
02/03/2023
|
Studio
|
1 Bath
|
439 ft²
|
$190,000
Studio
1 Bath
439 ft²
|
$185,000
-2.63%
07/27/2023
|
Anna Diaz
RE/MAX Team
| |
|
02/08/2022
|
2 Bed
|
1 Bath
|
-
|
$310,000
2 Bed
1 Bath
|
-
-
|
Jim Pappas
Rock Realty
| |
|
01/20/2022
|
Studio
|
1 Bath
|
-
|
$224,000
Studio
1 Bath
|
-
-
|
Jose Centti
America Real Estate
| |
|
03/28/2021
|
Studio
|
1 Bath
|
-
|
$239,000
Studio
1 Bath
|
-
-
|
Jose Centti
America Real Estate
| |
|
03/19/2021
|
2 Bed
|
2 Bath
|
-
|
$470,000
2 Bed
2 Bath
|
$465,000
-1.06%
12/02/2021
|
Rubina Shiblee
Rock Realty Inc
| |
|
01/23/2021
|
2 Bed
|
1 Bath
|
-
|
$350,000
2 Bed
1 Bath
|
-
-
|
Jim Pappas
Rock Realty
| |
|
07/26/2020
|
2 Bed
|
2 Bath
|
-
|
$475,000
2 Bed
2 Bath
|
-
-
|
Jim Pappas
Rock Realty
| |
|
08/17/2019
|
2 Bed
|
2 Bath
|
-
|
$479,000
2 Bed
2 Bath
|
-
-
|
Jim Pappas
Rock Realty
| |
|
02/15/2019
|
Studio
|
1 Bath
|
-
|
$239,000
Studio
1 Bath
|
$220,000
-7.95%
11/25/2019
|
Osmar Dos Reis
My Borough Realty LLC
| |
|
10/27/2018
|
2 Bed
|
2 Bath
|
-
|
$498,888
2 Bed
2 Bath
|
-
-
|
Jim Pappas
Rock Realty
| |
|
07/30/2017
| |
2 Bed
|
2 Bath
|
1200 ft²
|
-
2 Bed
2 Bath
1200 ft²
|
-
-
|
-
|
|
06/17/2017
|
2 Bed
|
2 Bath
|
1200 ft²
|
$565,000
2 Bed
2 Bath
1200 ft²
|
$525,000
-7.08%
12/28/2017
|
Doris Tsang
Progressive Realty Grp USA Inc
| |
|
11/01/2016
|
2 Bed
|
2 Bath
|
1200 ft²
|
$439,000
2 Bed
2 Bath
1200 ft²
|
$439,000
05/02/2017
|
Donald Chenh
Keller Williams Rty Gold Coast
| |
|
03/11/2013
|
2 Bed
|
2 Bath
|
1200 ft²
|
$278,000
2 Bed
2 Bath
1200 ft²
|
$280,000
+0.72%
06/04/2013
|
Lihyueh Chou ABR
Keller Williams Rlty Landmark
| |
|
03/12/2012
|
2 Bed
|
1 Bath
|
-
|
$201,400
2 Bed
1 Bath
|
$190,000
-5.66%
01/27/2013
|
Paul Luciano
Utopia Real Estate
|
Building Info
- 166 Units
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017