48 Water St #310
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 |
|---|---|---|---|
| Jul 31, 2018 | Sold | ||
| Sold | |||
| Apr 24, 2018 | Listed by RE/MAX Prof Associates | $199,000 | |
| Listed by RE/MAX Prof Associates | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/03/2026
|
1 Bed
|
1 Bath
|
871 ft²
|
$350,000
1 Bed
1 Bath
871 ft²
|
-
-
|
Katey Tata
Keller Williams Realty North Central
| |
|
09/16/2025
|
1 Bed
|
1 Bath
|
868 ft²
|
$369,900
1 Bed
1 Bath
868 ft²
|
-
-
|
Alisa Waskevich
Waskevich Realty Group
| |
|
03/18/2024
|
2 Bed
|
2 Bath
|
1523 ft²
|
$489,900
2 Bed
2 Bath
1523 ft²
|
$489,900
05/02/2024
|
Tracy Kok
Keith Brokerage, LLC
| |
|
11/14/2023
|
1 Bed
|
1 Bath
|
895 ft²
|
$299,900
1 Bed
1 Bath
895 ft²
|
$350,000
+16.71%
01/11/2024
|
Mark Toomy
Expert Agents Realty, LLC
| |
|
05/03/2022
|
1 Bed
|
1 Bath
|
1119 ft²
|
$299,999
1 Bed
1 Bath
1119 ft²
|
$325,000
+8.33%
06/28/2022
|
Kyle Anderson
Century 21 Commonwealth
| |
|
06/28/2021
|
1 Bed
|
1 Bath
|
608 ft²
|
$275,000
1 Bed
1 Bath
608 ft²
|
$267,500
-2.73%
09/03/2021
|
Brian Cosenza
EXIT New Options Real Estate
| |
|
05/18/2021
|
1 Bed
|
1 Bath
|
925 ft²
|
$299,900
1 Bed
1 Bath
925 ft²
|
$320,000
+6.70%
09/03/2021
|
Tracy Kok
Keith Brokerage, LLC
| |
|
08/24/2020
|
2 Bed
|
2 Bath
|
1250 ft²
|
$349,900
2 Bed
2 Bath
1250 ft²
|
$360,000
+2.89%
10/13/2020
|
Tracy Kok
Keith Brokerage, LLC
| |
|
02/21/2020
|
1 Bed
|
1 Bath
|
608 ft²
|
$214,900
1 Bed
1 Bath
608 ft²
|
$214,900
03/24/2020
|
Elaine Evans Group
RE/MAX Generations
| |
|
02/08/2019
|
1 Bed
|
2 Bath
|
1030 ft²
|
$229,000
1 Bed
2 Bath
1030 ft²
|
$229,000
03/22/2019
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
12/19/2018
|
1 Bed
|
2 Bath
|
893 ft²
|
$205,000
1 Bed
2 Bath
893 ft²
|
$205,000
02/25/2019
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
12/11/2018
|
1 Bed
|
1 Bath
|
868 ft²
|
$199,000
1 Bed
1 Bath
868 ft²
|
$209,900
+5.48%
02/25/2019
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
11/07/2018
|
1 Bed
|
2 Bath
|
1081 ft²
|
$239,000
1 Bed
2 Bath
1081 ft²
|
$239,000
02/08/2019
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
11/07/2018
|
1 Bed
|
1 Bath
|
920 ft²
|
$209,000
1 Bed
1 Bath
920 ft²
|
$209,000
12/27/2018
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
10/23/2018
|
1 Bed
|
1 Bath
|
1034 ft²
|
$218,000
1 Bed
1 Bath
1034 ft²
|
$216,000
-0.92%
12/18/2018
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
10/20/2018
|
2 Bed
|
2 Bath
|
1322 ft²
|
$349,900
2 Bed
2 Bath
1322 ft²
|
$342,000
-2.26%
02/28/2019
|
Cristy Jankun
Patrick A. Arena
| |
|
10/03/2018
|
1 Bed
|
1 Bath
|
871 ft²
|
$195,000
1 Bed
1 Bath
871 ft²
|
$195,000
12/12/2018
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
04/24/2018
|
1 Bed
|
1 Bath
|
864 ft²
|
$199,000
1 Bed
1 Bath
864 ft²
|
$199,000
07/31/2018
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
02/01/2018
|
2 Bed
|
3 Bath
|
1273 ft²
|
$279,900
2 Bed
3 Bath
1273 ft²
|
$272,000
-2.82%
06/27/2018
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
01/29/2018
|
1 Bed
|
1 Bath
|
961 ft²
|
$212,000
1 Bed
1 Bath
961 ft²
|
$212,000
02/28/2018
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
01/09/2018
|
1 Bed
|
1 Bath
|
1077 ft²
|
$237,000
1 Bed
1 Bath
1077 ft²
|
$237,000
04/19/2018
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
01/05/2018
|
1 Bed
|
1 Bath
|
608 ft²
|
$159,900
1 Bed
1 Bath
608 ft²
|
$159,900
02/28/2018
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
11/28/2017
|
1 Bed
|
1 Bath
|
1099 ft²
|
$241,000
1 Bed
1 Bath
1099 ft²
|
$241,000
12/20/2017
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
11/15/2017
|
2 Bed
|
2 Bath
|
1250 ft²
|
$282,000
2 Bed
2 Bath
1250 ft²
|
$282,000
06/28/2018
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
11/14/2017
|
1 Bed
|
1 Bath
|
854 ft²
|
$195,000
1 Bed
1 Bath
854 ft²
|
$195,000
07/31/2018
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
09/28/2017
|
1 Bed
|
1 Bath
|
1130 ft²
|
$253,000
1 Bed
1 Bath
1130 ft²
|
$253,000
12/15/2017
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
09/26/2017
|
2 Bed
|
2 Bath
|
1322 ft²
|
$290,000
2 Bed
2 Bath
1322 ft²
|
$285,000
-1.72%
11/14/2017
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
09/25/2017
|
1 Bed
|
1 Bath
|
1028 ft²
|
$226,000
1 Bed
1 Bath
1028 ft²
|
$226,000
10/16/2017
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
08/09/2017
|
1 Bed
|
1 Bath
|
1036 ft²
|
$246,000
1 Bed
1 Bath
1036 ft²
|
$246,000
11/17/2017
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
08/09/2017
|
1 Bed
|
1 Bath
|
935 ft²
|
$208,000
1 Bed
1 Bath
935 ft²
|
$208,000
11/02/2017
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
07/13/2017
|
1 Bed
|
1 Bath
|
895 ft²
|
$195,000
1 Bed
1 Bath
895 ft²
|
$195,000
12/27/2017
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
06/30/2017
|
1 Bed
|
1 Bath
|
822 ft²
|
$180,000
1 Bed
1 Bath
822 ft²
|
$184,000
+2.22%
08/14/2017
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
07/04/2007
| |
Loft
|
6 Bath
|
91350 ft²
|
$2,000,000
Loft
6 Bath
91350 ft²
|
$1,375,000
-31.25%
06/11/2010
|
Jane Fine
Justine Snyder
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017