5-2 Babson Street #21
About This Property
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Cap Rate Calculator
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 23, 1996 | Sold | ||
| Sold | |||
| Apr 13, 1996 | Listed | $149,900 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/20/2026
|
2 Bed
|
2 Bath
|
1710 ft²
|
$1,055,000
2 Bed
2 Bath
1710 ft²
|
$1,052,000
-0.28%
07/07/2026
|
Amanda Armstrong Group
Compass
| |
|
03/12/2025
|
2 Bed
|
2 Bath
|
1710 ft²
|
$1,080,000
2 Bed
2 Bath
1710 ft²
|
-
-
|
Amanda Armstrong Group
Compass
| |
|
08/14/2024
|
2 Bed
|
2 Bath
|
1710 ft²
|
$995,000
2 Bed
2 Bath
1710 ft²
|
$975,000
-2.01%
09/30/2024
|
Scott Smith
Coldwell Banker Realty - Manchester
| |
|
08/15/1996
|
2 Bed
|
2 Bath
|
1432 ft²
|
$159,900
2 Bed
2 Bath
1432 ft²
|
$159,000
-0.56%
06/30/1997
|
Jeanette Molk
Coldwell Banker Residential Brokerage - Beverly
| |
|
04/13/1996
|
2 Bed
|
2 Bath
|
1300 ft²
|
$149,900
2 Bed
2 Bath
1300 ft²
|
$150,259
+0.24%
06/23/1996
|
Joanne Puleo
Carlson GMAC Real Estate
| |
|
10/14/1995
|
2 Bed
|
2 Bath
|
1500 ft²
|
$129,000
2 Bed
2 Bath
1500 ft²
|
$139,900
+8.45%
06/27/1996
|
Peter Lane
Century 21 N. Shore By The Sea
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017