480 EASTERN Parkway #4B
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 |
|---|---|---|---|
| Jun 13, 2019 | No longer available | - | |
| No longer available | |||
| Jun 12, 2019 | Sold | ||
| Sold | |||
| Apr 20, 2019 | In contract | - | |
| In contract | |||
| Jan 21, 2019 | Price Decreased |
$995,000
↓ $255K
(20.4%) | |
| Price Decreased | |||
| Jan 21, 2019 | Relisted | $1,250,000 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/24/2024
|
3 Bed
|
2 Bath
|
1476 ft²
|
$1,225,000
3 Bed
2 Bath
1476 ft²
|
$1,190,000
-2.86%
09/10/2024
|
Aroza Sanjana
Avenue Sothebys International Realty
| |
|
11/29/2018
|
3 Bed
|
3 Bath
|
1440 ft²
|
$1,250,000
3 Bed
3 Bath
1440 ft²
|
$955,000
-23.60%
06/12/2019
|
Michael Tannen
Corcoran Group
| |
|
05/19/2016
|
3 Bed
|
2 Bath
|
1476 ft²
|
$1,125,000
3 Bed
2 Bath
1476 ft²
|
$1,125,000
10/13/2016
|
Binnie Robinson
MNS
| |
|
05/19/2016
|
3 Bed
|
2.5 Bath
|
1444 ft²
|
$1,065,000
3 Bed
2.5 Bath
1444 ft²
|
$1,065,000
02/05/2021
|
Binnie L Robinson
Prudential Douglas Elliman Real Estate
| |
|
04/26/2016
|
3 Bed
|
2.5 Bath
|
1444 ft²
|
$1,022,400
3 Bed
2.5 Bath
1444 ft²
|
$1,022,400
10/19/2016
|
Binnie Robinson
MNS
| |
|
04/25/2016
|
3 Bed
|
2.5 Bath
|
1476 ft²
|
$1,040,000
3 Bed
2.5 Bath
1476 ft²
|
$1,040,000
02/05/2021
|
Binnie L Robinson
Prudential Douglas Elliman Real Estate
| |
|
07/27/2015
|
2 Bed
|
1.5 Bath
|
1739 ft²
|
$995,000
2 Bed
1.5 Bath
1739 ft²
|
$995,000
07/25/2016
|
Binnie Robinson
MNS
| |
|
06/17/2015
|
2 Bed
|
1.5 Bath
|
1055 ft²
|
$799,000
2 Bed
1.5 Bath
1055 ft²
|
$810,000
+1.38%
02/09/2016
|
Justin Daly
MNS
| |
|
06/17/2015
|
3 Bed
|
1.5 Bath
|
1055 ft²
|
$849,000
3 Bed
1.5 Bath
1055 ft²
|
$822,347
-3.14%
02/12/2016
|
Justin Daly
MNS
|
Building Info
- 11 Units
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017