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5 Albert Dr #4
About This Property
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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.
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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 5, 2016 | Sold | ||
| Sold | |||
| May 1, 2016 | Listed by Stuart St James, Inc. | $220,000 | |
| Listed by Stuart St James, Inc. | |||
| | |||
|
First floor corner unit in the last building of Park Place Condominiums. February 2016 renovations include new floors and paint in the kitchen, living room, and hallway. Other recent renovations include tile back splash in kitchen, light fixtures in kitchen and hallway, recessed lighting in living room, closet doors in kitchen, hallway, and bathroom, toilet and vanity, and recent paint in bedrooms and bathroom. Additional storage locker in attic. Easy access to 93 and 95. Located in very nice neighborhood but close to stores and restaurants. Park Place Condominiums is a great complex with happy owners! HOA is on top of their game- the property is well maintained, pool is kept in great shape, and snow removal is on point! This unit is a great opportunity for a first-time buyer, someone looking to downsize, or even a small family! Welcome home!
| |||
| Jul 25, 2006 | Sold | ||
| Sold | |||
| May 19, 2006 | Listed | $210,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/10/2025
|
2 Bed
|
1 Bath
|
830 ft²
|
$399,999
2 Bed
1 Bath
830 ft²
|
-
-
|
Silvia Monteiro
Dell Realty Inc.
| |
|
08/06/2024
|
2 Bed
|
1 Bath
|
830 ft²
|
$380,000
2 Bed
1 Bath
830 ft²
|
$385,000
+1.32%
09/26/2024
|
Wendy Ho
Central Real Estate
| |
|
05/12/2023
|
2 Bed
|
1 Bath
|
830 ft²
|
$344,900
2 Bed
1 Bath
830 ft²
|
$332,500
-3.60%
06/26/2023
|
Jodi Crowley
Lamacchia Realty, Inc.
| |
|
09/06/2018
|
2 Bed
|
1 Bath
|
830 ft²
|
$279,900
2 Bed
1 Bath
830 ft²
|
$276,000
-1.39%
09/28/2018
|
Mary Lawton
Lawton Real Estate, Inc
| |
|
10/13/2016
|
2 Bed
|
1 Bath
|
830 ft²
|
$239,500
2 Bed
1 Bath
830 ft²
|
$239,500
11/30/2016
|
Alice Kirk
LAER Realty Partners
| |
|
05/01/2016
|
2 Bed
|
1 Bath
|
830 ft²
|
$220,000
2 Bed
1 Bath
830 ft²
|
$230,000
+4.55%
07/05/2016
|
Darin Thompson
Stuart St James, Inc.
| |
|
03/14/2016
|
2 Bed
|
1 Bath
|
830 ft²
|
$239,900
2 Bed
1 Bath
830 ft²
|
$239,900
05/24/2016
|
Jeannie McClean
Century 21 Advance Realty
| |
|
11/18/2010
|
2 Bed
|
1 Bath
|
830 ft²
|
$159,900
2 Bed
1 Bath
830 ft²
|
$150,000
-6.19%
02/22/2011
|
Jeannie McClean
Monarch Realty Group, LLC
| |
|
06/11/2010
|
1 Bed
|
1 Bath
|
585 ft²
|
$149,000
1 Bed
1 Bath
585 ft²
|
-
-
|
Mirella McDonough
EXIT Realty Beatrice Associates
| |
|
06/08/2010
|
2 Bed
|
1 Bath
|
830 ft²
|
$149,900
2 Bed
1 Bath
830 ft²
|
$143,000
-4.60%
05/27/2011
|
Spadafora Team
RE/MAX Andrew Realty Services
| |
|
05/19/2006
|
2 Bed
|
1 Bath
|
830 ft²
|
$210,000
2 Bed
1 Bath
830 ft²
|
$205,000
-2.38%
07/25/2006
|
Mindy Widtfeldt
| |
|
08/19/2004
|
2 Bed
|
1 Bath
|
820 ft²
|
$219,900
2 Bed
1 Bath
820 ft²
|
$217,000
-1.32%
01/28/2005
|
Marina Geracoulis
Century 21 North East
| |
|
05/15/1999
|
2 Bed
|
1 Bath
|
830 ft²
|
$99,900
2 Bed
1 Bath
830 ft²
|
$93,000
-6.91%
08/06/1999
|
Daniel Fabbri
Century 21 Advance Realty
| |
|
06/09/1996
|
2 Bed
|
1 Bath
|
830 ft²
|
$85,000
2 Bed
1 Bath
830 ft²
|
$77,000
-9.41%
09/27/1996
|
Ann Valcourt
CENTURY 21 Crowley
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017