515 Trinity Place #2ES
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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 |
|---|---|---|---|
| Mar 15, 2022 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/22/2025
|
2 Bed
|
2 Bath
|
-
|
$499,000
2 Bed
2 Bath
|
-
-
|
ERIN MCMAHON
COLDWELL BANKER REALTY - EAST
| |
|
09/08/2022
|
1 Bed
|
1 Bath
|
-
|
$340,000
1 Bed
1 Bath
|
-
-
|
VICTORIA CANNIZZO
CHRISTIE'S INT. REAL ESTATE NNJ
| |
|
05/12/2021
|
1 Bed
|
1 Bath
|
-
|
$269,900
1 Bed
1 Bath
|
-
-
|
LORENA BARBOSA
DAVID REALTY GROUP LLC
| |
|
09/27/2020
|
Loft
|
2 Bath
|
-
|
$425,000
Loft
2 Bath
|
-
-
|
-
| |
|
08/31/2020
|
1 Bed
|
1 Bath
|
-
|
$275,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
08/14/2020
|
2 Bed
|
2 Bath
|
905 ft²
|
$379,900
2 Bed
2 Bath
905 ft²
|
-
-
|
-
| |
|
05/01/2019
|
2 Bed
|
2 Bath
|
-
|
$369,950
2 Bed
2 Bath
|
-
-
|
-
| |
|
09/06/2018
|
2 Bed
|
2 Bath
|
-
|
-
2 Bed
2 Bath
|
-
-
|
-
| |
|
06/11/2018
| |
3 Bed
|
3 Bath
|
1613 ft²
|
-
3 Bed
3 Bath
1613 ft²
|
-
-
|
-
|
|
11/30/-0001
|
1 Bed
|
1 Bath
|
-
|
$369,900
1 Bed
1 Bath
|
$400,000
+8.14%
07/31/2026
|
GINA SURIANO
COLDWELL BANKER WESTFIELD EAST
| |
|
11/30/-0001
|
1 Bed
|
-
|
-
|
$385,000
1 Bed
-
|
-
-
|
Isabel Rasoilo
Westfield
| |
|
11/30/-0001
| |
2 Bed
|
2 Bath
|
-
|
$439,000
2 Bed
2 Bath
|
$500,000
+13.90%
05/25/2023
|
Rajinder Sondhi
RE/MAX SELECT - Westfield
|
|
11/30/-0001
|
2 Bed
|
2 Bath
|
-
|
$414,500
2 Bed
2 Bath
|
$423,000
+2.05%
08/15/2023
|
Vivian Cortese-Strano
CB Residential Brokerage Eastern-Westfield
| |
|
11/30/-0001
|
1 Bed
|
1 Bath
|
-
|
$340,000
1 Bed
1 Bath
|
$360,000
+5.88%
10/28/2022
|
VICTORIA CANNIZZO
CHRISTIE'S INT. REAL ESTATE NNJ
| |
|
11/30/-0001
|
2 Bed
|
2 Bath
|
-
|
$359,000
2 Bed
2 Bath
|
$350,000
-2.51%
11/18/2022
|
Phyllis Stern
Weichert Realtors, Westfield
| |
|
11/30/-0001
|
1 Bed
|
1 Bath
|
-
|
$259,000
1 Bed
1 Bath
|
-
-
|
Diana Serafini
North Point Realty Group
| |
|
11/30/-0001
|
2 Bed
|
-
|
-
|
$494,999
2 Bed
-
|
-
-
|
PATRICIA PLANTE
COLDWELL BANKER WESTFIELD WEST
| |
|
11/30/-0001
|
2 Bed
|
2 Bath
|
-
|
$359,000
2 Bed
2 Bath
|
$365,000
+1.67%
03/15/2022
|
Marta Knauff
Coldwell Banker Residential Brokerage - Holmdel
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017