48 County Road 8500 #F1
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 17, 2025 | Sold | ||
| Sold | |||
| Dec 30, 2024 | In contract | - | |
| In contract | |||
| Nov 20, 2024 | Price Decreased |
$674,000
↓ $21K
(3%) | |
| Price Decreased | |||
| Aug 29, 2024 | Price Increased |
$695,000
↑ $21K
(3.1%) | |
| Price Increased | |||
| Jul 4, 2024 | Listed by Your Castle Real Estate Inc | $674,000 | |
| Listed by Your Castle Real Estate Inc | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/04/2024
|
3 Bed
|
3 Bath
|
1256 ft²
|
$710,000
3 Bed
3 Bath
1256 ft²
|
$657,000
-7.46%
01/17/2025
|
Brian MacMillan
Your Castle Real Estate Inc
| |
|
04/29/2021
|
2 Bed
|
3 Bath
|
1106 ft²
|
$494,500
2 Bed
3 Bath
1106 ft²
|
$535,000
+8.19%
06/11/2021
|
Mara Erlandson
RE/MAX PEAK TO PEAK
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017