51-02 101st Street #5A
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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jun 28, 2024 | Sold | $330,000 | |
Sold | |||
Apr 4, 2024 | In contract | - | |
In contract | |||
Dec 26, 2023 | Price Decreased |
$398,000
↓ $12K
(2.9%) | |
Price Decreased | |||
Nov 10, 2023 | Listed by Keller Williams Landmark II | $410,000 | |
Listed by Keller Williams Landmark II | |||
Aug 1, 2013 | Sold to John Chen | $208,000 | |
Sold to John Chen |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
11/10/2023
|
1 Bed
|
1 Bath
|
-
|
$410,000
1 Bed
1 Bath
|
$330,000
-19.51%
06/28/2024
|
-
|
Jing Gao
Keller Williams Landmark II
|