4598 68th Street
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 |
|---|---|---|---|
| Apr 7, 2025 | Sold | ||
| Sold | |||
| Feb 13, 2025 | In contract | - | |
| In contract | |||
| Feb 13, 2025 | Price Decreased |
$948,900
↓ $46K
(4.6%) | |
| Price Decreased | |||
| Dec 1, 2024 | Price Decreased |
$995,000
↓ $5K
(0.5%) | |
| Price Decreased | |||
| Oct 17, 2024 | Listed by Noble Real Estate Services | $999,900 | |
| Listed by Noble Real Estate Services | |||
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Gorgeous! 4 bed and 3 bath home. HUGE LOT - nearly 11,000 sqft. lot with so much room for an ADU in the backyard (Already R-2 Zoning)- do not miss out on this opportunity - gleaming hardwood floors, mirrored closets, updated bathroom, detached garage, patio area perfect for lounging and a tall shade tree in the back yard. This is a tenant occupied property so please call Co- listing agent for appointment to see it. They are very cooperative. Buyer to cooperate with seller 1031 exchange.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017