5059 Tranquil Way #101
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 4, 2018 | Sold | ||
| Sold | |||
| May 31, 2018 | Listed by Promise Property Management | $399,900 | |
| Listed by Promise Property Management | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/04/2025
|
2 Bed
|
2 Bath
|
1132 ft²
|
$590,000
2 Bed
2 Bath
1132 ft²
|
$607,000
+2.88%
05/13/2025
|
Jermarcus Tate
Allison James Estates & Homes
| |
|
08/05/2021
|
2 Bed
|
3 Bath
|
1132 ft²
|
$495,000
2 Bed
3 Bath
1132 ft²
|
$510,000
+3.03%
09/10/2021
|
Shanell Mondane
Keller Williams Realty
| |
|
11/01/2019
|
2 Bed
|
2 Bath
|
1132 ft²
|
$390,000
2 Bed
2 Bath
1132 ft²
|
$385,000
-1.28%
12/03/2019
|
Cristian Crabb
Redfin Corporation
| |
|
06/08/2018
|
2 Bed
|
2 Bath
|
1132 ft²
|
$349,999
2 Bed
2 Bath
1132 ft²
|
$365,000
+4.29%
06/08/2018
|
Jim Bottrell
Ardent Real Estate Services
| |
|
05/31/2018
|
3 Bed
|
3 Bath
|
1372 ft²
|
$399,900
3 Bed
3 Bath
1372 ft²
|
$376,500
-5.85%
09/04/2018
|
Marika Barber
Promise Property Management
| |
|
03/01/2017
|
2 Bed
|
2 Bath
|
1132 ft²
|
$354,000
2 Bed
2 Bath
1132 ft²
|
$354,000
04/10/2017
|
Candace Hart
Billionaires Row
| |
|
08/26/2015
|
2 Bed
|
2 Bath
|
1132 ft²
|
$315,000
2 Bed
2 Bath
1132 ft²
|
$315,000
09/25/2015
|
Paul Broach
RanchoMar Realty
| |
|
08/11/2015
|
2 Bed
|
2 Bath
|
1132 ft²
|
$325,000
2 Bed
2 Bath
1132 ft²
|
$325,000
10/30/2015
|
Michael Wynn
Century 21 Award
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017