48 Corniche Drive #C
About This Property
The manager has listed the unit size as 755 square feet.
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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 |
|---|---|---|---|
| Feb 4, 2022 | No longer available | - | |
| No longer available | |||
| Nov 11, 2021 | In contract | - | |
| In contract | |||
| Oct 26, 2021 | Listed | $620,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/13/2026
|
1 Bed
|
1 Bath
|
755 ft²
|
$669,900
1 Bed
1 Bath
755 ft²
|
$609,900
-8.96%
07/23/2026
|
John Rennie
Pacific Sotheby's International Realty
| |
|
05/15/2024
| |
1 Bed
|
1 Bath
|
755 ft²
|
$749,900
1 Bed
1 Bath
755 ft²
|
-
-
|
John Rennie
Pacific Sotheby's International Realty
|
|
05/13/2024
|
1 Bed
|
1 Bath
|
755 ft²
|
$699,900
1 Bed
1 Bath
755 ft²
|
$699,900
08/14/2024
|
John Rennie
Pacific Sotheby's International Realty
| |
|
10/26/2021
|
1 Bed
|
1 Bath
|
755 ft²
|
$620,000
1 Bed
1 Bath
755 ft²
|
-
-
|
Joanne Ortiz
Berkshire Hathaway H.S.C.P.
| |
|
05/16/2019
|
1 Bed
|
1 Bath
|
800 ft²
|
$489,000
1 Bed
1 Bath
800 ft²
|
$455,000
-6.95%
07/22/2019
|
Kara Welliver
Harcourts Prime Properties
| |
|
05/19/2013
|
1 Bed
|
1 Bath
|
800 ft²
|
$305,000
1 Bed
1 Bath
800 ft²
|
$275,000
-9.84%
09/02/2014
|
Mary Jeffries
Surterre Properties
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017