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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 |
|---|---|---|---|
| Sep 23, 2022 | Sold | ||
| Sold | |||
| Jul 8, 2022 | Listed by PALM WEST HOME REALTY INC. | $369,000 | |
| Listed by PALM WEST HOME REALTY INC. | |||
| Jun 10, 2020 | Sold | ||
| Sold | |||
| Nov 5, 2018 | No longer available | - | |
| No longer available | |||
| Sep 3, 2018 | Listed | $191,990 | |
| Listed | |||
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Estimated completion date:11/2018We are the low-price leader of new construction homes. We offer such a low price that we do not negotiate. The estimated completion date of the home that you are viewing is listed above. Please note that the photos are of a similar home and may not be an exact representation of the home being built as products and specifications may be changed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017