5 W Fortune Road #A
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 |
|---|---|---|---|
| Sep 11, 2017 | Sold | ||
| Sold | |||
| Jun 5, 2017 | Listed by John J Lease REALTORS Inc | $87,900 | |
| Listed by John J Lease REALTORS Inc | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/11/2024
|
2 Bed
|
2 Bath
|
-
|
$249,900
2 Bed
2 Bath
|
$249,900
07/17/2024
|
Marie Altieri
Howard Hanna Rand Realty
| |
|
08/18/2023
|
2 Bed
|
2 Bath
|
-
|
$179,000
2 Bed
2 Bath
|
$160,000
-10.61%
01/25/2024
|
Rebecca Kane
Keller Williams Hudsn Vly Untd
| |
|
10/19/2021
|
1 Bed
|
1 Bath
|
-
|
$129,900
1 Bed
1 Bath
|
$125,000
-3.77%
01/06/2022
|
Frank Tangredi
FRANK TANGREDI REALTY CO INC
| |
|
07/09/2017
| |
2 Bed
|
2 Bath
|
1112 ft²
|
$87,900
2 Bed
2 Bath
1112 ft²
|
$65,000
-26.05%
03/15/2018
|
Debra S Del Negro
|
|
06/05/2017
|
2 Bed
|
2 Bath
|
1112 ft²
|
$87,900
2 Bed
2 Bath
1112 ft²
|
$85,000
-3.30%
09/11/2017
|
Debra S Del Negro
John J Lease REALTORS Inc
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017