431 N ARMISTEAD ST #306
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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 11, 2024 | Sold | $212,000 | |
Sold | |||
Feb 26, 2024 | In contract | - | |
In contract | |||
Feb 9, 2024 | Relisted | $212,000 | |
Relisted | |||
Jan 4, 2024 | In contract | - | |
In contract | |||
Dec 31, 2023 | No longer available | - | |
No longer available |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/09/2024
|
2 Bed
|
1 Bath
|
900 ft²
|
$239,990
2 Bed
1 Bath
900 ft²
|
$249,990
+4.17%
08/07/2024
|
-
|
Lydia Zache
RE/MAX One Solutions
|
|
11/14/2023
|
1 Bed
|
1 Bath
|
720 ft²
|
$199,999
1 Bed
1 Bath
720 ft²
|
$212,000
+6.00%
03/11/2024
|
-
|
James Wilkins
Samson Properties
|
|
01/18/2023
|
2 Bed
|
1 Bath
|
900 ft²
|
$209,900
2 Bed
1 Bath
900 ft²
|
$200,000
-4.72%
02/28/2023
|
-
|
Tommy Campos
Compass
|
|
03/03/2022
|
2 Bed
|
1 Bath
|
1110 ft²
|
$249,888
2 Bed
1 Bath
1110 ft²
|
$250,000
+0.04%
04/01/2022
|
Nicole Dash
EXP Realty, LLC
|
||
02/24/2022
|
1 Bed
|
1 Bath
|
720 ft²
|
$185,000
1 Bed
1 Bath
720 ft²
|
-
-
|
-
|
James Wilkins
Samson Properties
|
|
01/17/2022
|
2 Bed
|
1 Bath
|
900 ft²
|
$205,000
2 Bed
1 Bath
900 ft²
|
-
-
|
-
|
Ray Gernhart
RE/MAX Real Estate
|
|
07/01/2021
|
2 Bed
|
2 Bath
|
1125 ft²
|
$209,990
2 Bed
2 Bath
1125 ft²
|
$209,990
08/10/2021
|
Nam Giang
United Real Estate
|
||
05/04/2021
|
1 Bed
|
1 Bath
|
720 ft²
|
$170,000
1 Bed
1 Bath
720 ft²
|
$170,000
08/18/2021
|
Jim Talbert
Century 21 Redwood Realty
|
||
07/21/2020
|
|
2 Bed
|
1 Bath
|
-
|
$199,000
2 Bed
1 Bath
|
-
-
|
-
|
-
|
06/18/2020
|
2 Bed
|
1 Bath
|
800 ft²
|
$184,900
2 Bed
1 Bath
800 ft²
|
-
-
|
-
|
-
|
|
08/31/2019
|
2 Bed
|
1 Bath
|
720 ft²
|
$220,000
2 Bed
1 Bath
720 ft²
|
-
-
|
-
|
-
|
|
05/03/2019
|
2 Bed
|
1 Bath
|
900 ft²
|
$214,999
2 Bed
1 Bath
900 ft²
|
-
-
|
-
|
-
|
|
02/07/2019
|
2 Bed
|
1 Bath
|
900 ft²
|
$160,000
2 Bed
1 Bath
900 ft²
|
$160,000
03/04/2019
|
Ved Sharma
|
||
01/17/2019
|
3 Bed
|
2 Bath
|
1300 ft²
|
$214,900
3 Bed
2 Bath
1300 ft²
|
-
-
|
-
|
-
|
Building Info
- 3 Units for Sale
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