507 E 12TH Street #4A
About This Property
Reasonable Board Approval.Low Maintenance Charge.
Listed By
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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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 14, 2024 | In contract | - | |
In contract | |||
Aug 21, 2024 | Price Decreased |
$515,000
↓ $20K
(3.7%) | |
Price Decreased | |||
Jul 3, 2024 | Price Decreased |
$535,000
↓ $25K
(4.5%) | |
Price Decreased | |||
Jun 4, 2024 | Price Decreased |
$560,000
↓ $20K
(3.5%) | |
Price Decreased | |||
May 9, 2024 | Price Decreased |
$580,000
↓ $15K
(2.5%) | |
Price Decreased |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
12/16/2022
|
1 Bed
|
1 Bath
|
-
|
$500,000
1 Bed
1 Bath
|
$505,000
+1.00%
05/25/2023
|
Marcelle Cohen
Sothebys International Realty
| ||
09/16/2022
|
1 Bed
|
1 Bath
|
-
|
$599,000
1 Bed
1 Bath
|
$585,000
-2.34%
05/24/2023
|
Jack Isquith
Brown Harris Stevens Residential Sales LLC
| ||
05/16/2019
|
1 Bed
|
1 Bath
|
-
|
$775,000
1 Bed
1 Bath
|
$635,000
-18.06%
09/16/2022
|
-
|
Patricia Goodwin
Compass
| |
05/30/2018
| |
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
|
-
|
04/19/2018
|
2 Bed
|
1 Bath
|
-
|
$1,000,000
2 Bed
1 Bath
|
$940,000
-6.00%
10/31/2018
|
David Rosen
Serhant LLC
| ||
10/22/2015
|
1 Bed
|
1 Bath
|
-
|
$725,000
1 Bed
1 Bath
|
$725,000
05/25/2016
|
Jill Letts
Corcoran Group
| ||
05/21/2015
|
1 Bed
|
1 Bath
|
-
|
$700,000
1 Bed
1 Bath
|
$745,000
+6.43%
01/26/2016
|
-
|
David Rosen
Prudential Douglas Elliman Real Estate
| |
01/29/2015
|
1 Bed
|
1 Bath
|
-
|
$599,000
1 Bed
1 Bath
|
-
06/30/2015
|
Roger Marks
Bond New York
| ||
06/04/2014
|
1 Bed
|
1 Bath
|
530 ft²
|
$575,000
1 Bed
1 Bath
530 ft²
|
$603,000
+4.87%
08/14/2014
|
Patricia Goodwin
The Corcoran Group
| ||
02/27/2013
|
1 Bed
|
1 Bath
|
550 ft²
|
$425,000
1 Bed
1 Bath
550 ft²
|
$470,000
+10.59%
06/13/2013
|
Leasing Office 15 Cliff
Citi Habitats
|