48 White Place #1
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 |
|---|---|---|---|
| Nov 25, 2016 | Sold | ||
| Sold | |||
| Sep 1, 2016 | Listed by RE/MAX Destiny | $675,000 | |
| Listed by RE/MAX Destiny | |||
| | |||
|
This beautifully renovated unit has PIZZAZZ. A two bedroom condo on a winding one-way street. Over sized garage. Private outdoor space.
| |||
| Jan 11, 1999 | Sold | ||
| Sold | |||
| Oct 29, 1998 | Listed | $179,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/01/2016
|
2 Bed
|
2 Bath
|
1210 ft²
|
$675,000
2 Bed
2 Bath
1210 ft²
|
$615,000
-8.89%
11/25/2016
|
Chobee Hoy
Compass
| |
|
10/29/1998
|
2 Bed
|
1 Bath
|
-
|
$179,000
2 Bed
1 Bath
|
$173,000
-3.35%
01/11/1999
|
Deanne Lebowitz
Deanne Lebowitz
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017