522 87th Ave
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 |
|---|---|---|---|
| Mar 31, 2026 | Sold | ||
| Sold | |||
| Mar 18, 2026 | In contract | - | |
| In contract | |||
| Dec 5, 2025 | Price Increased |
$471,355
↑ $10K
(2.2%) | |
| Price Increased | |||
| Sep 25, 2025 | Listed | $461,355 | |
| Listed | |||
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***SPECIAL FINANCING AVAILABLE*** The Saratoga is a beautifully designed 3-bedroom, 2 1/2-bath two-story home offering 1,738 finished square feet and an unfinished basement for future expansion. The open floor plan flows effortlessly, with a substantial living room that connects to the spacious kitchen and dining area, creating a perfect setting for both daily living and entertaining. The home features the Legacy finish package, which includes hardwood flooring in the entry, kitchen, and dining areas, stylish two-tone paint, and upgraded kitchen backsplash tiling. The oversized 3-car tandem garage adds even more value and convenience to this home. The Primary Suite is a true retreat, complete with a luxurious 5-piece bath featuring a soaker tub for ultimate relaxation.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017