44 Griggs Terrace #2
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 |
|---|---|---|---|
| Sep 4, 2003 | Sold | ||
| Sold | |||
| May 6, 2003 | Listed by RE/MAX Results | $1,475,000 | |
| Listed by RE/MAX Results | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/08/2020
|
4 Bed
|
2 Bath
|
3011 ft²
|
$1,695,000
4 Bed
2 Bath
3011 ft²
|
$1,845,000
+8.85%
09/10/2020
|
Rachel Goldman
MGS Group Real Estate LTD
| |
|
07/09/2019
|
4 Bed
|
3 Bath
|
2450 ft²
|
$1,369,000
4 Bed
3 Bath
2450 ft²
|
$1,245,000
-9.06%
11/14/2019
|
Mac Chinsomboon
Coldwell Banker Realty - Back Bay
| |
|
05/20/2014
|
4 Bed
|
2 Bath
|
3011 ft²
|
$1,449,000
4 Bed
2 Bath
3011 ft²
|
$1,350,000
-6.83%
12/05/2014
|
Shari Lyons
Hammond Residential Real Estate
| |
|
05/06/2003
|
6 Bed
|
4 Bath
|
5171 ft²
|
$1,475,000
6 Bed
4 Bath
5171 ft²
|
$1,375,000
-6.78%
09/04/2003
|
Phyllis Sher
Next Level Realty
| |
|
06/19/1998
|
5 Bed
|
4 Bath
|
5171 ft²
|
$585,000
5 Bed
4 Bath
5171 ft²
|
$532,500
-8.97%
04/15/1999
|
Carolyn Lovit
Hammond Residential R. E.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017