48 Phillips Rd. #21
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%.
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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 |
|---|---|---|---|
| Oct 31, 2008 | Sold | ||
| Sold | |||
| Jul 22, 2008 | Listed by Carrie Stevens | $135,000 | |
| Listed by Carrie Stevens | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/30/2025
|
2 Bed
|
2 Bath
|
1547 ft²
|
$389,000
2 Bed
2 Bath
1547 ft²
|
-
-
|
Lisa Hugo
Coldwell Banker Realty - Worcester
| |
|
06/18/2025
|
2 Bed
|
1 Bath
|
1223 ft²
|
$330,000
2 Bed
1 Bath
1223 ft²
|
-
-
|
John Mansfield
DCU Realty - Marlboro
| |
|
10/13/2023
|
2 Bed
|
2 Bath
|
1273 ft²
|
$359,900
2 Bed
2 Bath
1273 ft²
|
$349,900
-2.78%
03/29/2024
|
Dianne Zottoli
Holden Realty Inc.
| |
|
06/12/2020
|
2 Bed
|
1 Bath
|
1225 ft²
|
$215,000
2 Bed
1 Bath
1225 ft²
|
$214,800
-0.09%
08/24/2020
|
Carrie Stevens
Carrie Stevens
| |
|
04/24/2019
|
2 Bed
|
2 Bath
|
1200 ft²
|
$195,000
2 Bed
2 Bath
1200 ft²
|
$192,500
-1.28%
07/30/2019
|
Feanna Jattan-Singh
Cameron Prestige, LLC
| |
|
09/05/2017
|
1 Bed
|
1 Bath
|
908 ft²
|
$159,900
1 Bed
1 Bath
908 ft²
|
$154,000
-3.69%
02/28/2018
|
Katie Bilotta
ERA Key Realty Services - Worcester
| |
|
08/02/2017
|
2 Bed
|
2 Bath
|
1536 ft²
|
$249,000
2 Bed
2 Bath
1536 ft²
|
$234,400
-5.86%
03/12/2018
|
Carrie Stevens
Carrie Stevens
| |
|
06/26/2015
|
1 Bed
|
1 Bath
|
908 ft²
|
$158,900
1 Bed
1 Bath
908 ft²
|
$143,000
-10.01%
08/09/2016
|
Katie Bilotta
ERA Key Realty Services - Worcester
| |
|
01/30/2014
|
2 Bed
|
2 Bath
|
1450 ft²
|
$239,000
2 Bed
2 Bath
1450 ft²
|
$207,000
-13.39%
06/06/2014
|
Carrie Stevens
Carrie Stevens
| |
|
07/25/2013
|
2 Bed
|
2 Bath
|
1274 ft²
|
$165,000
2 Bed
2 Bath
1274 ft²
|
$165,000
08/08/2013
|
Sold Squad
RE/MAX Professional Associates
| |
|
07/13/2010
|
2 Bed
|
1 Bath
|
1200 ft²
|
$205,000
2 Bed
1 Bath
1200 ft²
|
-
-
|
Carrie Stevens
Carrie Stevens
| |
|
06/04/2010
|
2 Bed
|
2 Bath
|
1255 ft²
|
$219,000
2 Bed
2 Bath
1255 ft²
|
-
-
|
Carrie Stevens
Carrie Stevens
| |
|
03/26/2010
|
2 Bed
|
1 Bath
|
1175 ft²
|
$209,000
2 Bed
1 Bath
1175 ft²
|
-
-
|
Carrie Stevens
Carrie Stevens
| |
|
01/10/2010
|
2 Bed
|
2 Bath
|
1273 ft²
|
$191,000
2 Bed
2 Bath
1273 ft²
|
-
-
|
Cynthia Chagnon
Soucy Realty Inc.
| |
|
09/06/2008
|
1 Bed
|
1 Bath
|
805 ft²
|
$155,000
1 Bed
1 Bath
805 ft²
|
$159,500
+2.90%
10/31/2008
|
Carrie Stevens
Carrie Stevens
| |
|
08/24/2008
|
1 Bed
|
1 Bath
|
900 ft²
|
$159,000
1 Bed
1 Bath
900 ft²
|
$159,000
10/16/2008
|
Carrie Stevens
Carrie Stevens
| |
|
08/24/2008
|
1 Bed
|
1 Bath
|
915 ft²
|
$159,000
1 Bed
1 Bath
915 ft²
|
$159,000
11/26/2008
|
Carrie Stevens
Carrie Stevens
| |
|
07/22/2008
|
2 Bed
|
2 Bath
|
1220 ft²
|
$229,000
2 Bed
2 Bath
1220 ft²
|
-
-
|
Carrie Stevens
Carrie Stevens
| |
|
07/22/2008
|
1 Bed
|
1 Bath
|
835 ft²
|
$155,000
1 Bed
1 Bath
835 ft²
|
$155,000
07/22/2008
|
Carrie Stevens
Carrie Stevens
| |
|
07/22/2008
|
1 Bed
|
1 Bath
|
665 ft²
|
$135,000
1 Bed
1 Bath
665 ft²
|
$139,000
+2.96%
10/31/2008
|
Carrie Stevens
Carrie Stevens
| |
|
06/09/2008
|
1 Bed
|
1 Bath
|
930 ft²
|
$163,000
1 Bed
1 Bath
930 ft²
|
$163,000
08/15/2008
|
Carrie Stevens
Carrie Stevens
| |
|
06/09/2008
|
1 Bed
|
1 Bath
|
850 ft²
|
$159,000
1 Bed
1 Bath
850 ft²
|
$159,000
09/23/2008
|
Carrie Stevens
Carrie Stevens
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017