513 Calle Montecito #61
About This Property
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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 |
|---|---|---|---|
| Dec 18, 2020 | No longer available | - | |
| No longer available | |||
| Dec 3, 2020 | Listed | $299,000 | |
| Listed | |||
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Corner unit with abundant natural light. Kitchen has just been renovated with granite and new cabinets. Kitchen window looks out to the private covered patio. Lovely upgraded bathroom. The patio has a laundry closet that accommodates a full sized washer/dryer. Complex features fenced pool and spa, dog walk areas, and you can easily walk to Libby Lake and the surrounding park. The manager has listed the unit size as 806 square feet.
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| Mar 21, 2019 | No longer available | - | |
| No longer available | |||
| Feb 19, 2019 | Listed | $234,000 | |
| Listed | |||
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The manager has listed the unit size as 806 square feet.
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| Feb 3, 2019 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/28/2024
|
2 Bed
|
1 Bath
|
806 ft²
|
$445,000
2 Bed
1 Bath
806 ft²
|
$425,000
-4.49%
02/18/2025
|
Nick Wright
NDW Realty
| |
|
04/01/2022
|
2 Bed
|
2 Bath
|
856 ft²
|
$389,000
2 Bed
2 Bath
856 ft²
|
-
-
|
JR Phillips
Phillips & Company
| |
|
12/03/2020
|
2 Bed
|
1 Bath
|
806 ft²
|
$299,000
2 Bed
1 Bath
806 ft²
|
-
-
|
-
| |
|
09/09/2018
|
2 Bed
|
1 Bath
|
806 ft²
|
-
2 Bed
1 Bath
806 ft²
|
-
-
|
-
|
Building Info
- 1 Unit for Sale
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017