522 Calle Montecito #116
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 21, 2015 | Sold | ||
| Sold | |||
| Mar 11, 2015 | Listed by Berkshire Hathaway HomeService | $189,000 | |
| Listed by Berkshire Hathaway HomeService | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/18/2020
|
2 Bed
|
2 Bath
|
856 ft²
|
$274,900
2 Bed
2 Bath
856 ft²
|
$275,000
+0.04%
05/18/2020
|
Claudia Lomeli
Lepe Tendwell Properties
| |
|
09/06/2019
|
2 Bed
|
1 Bath
|
806 ft²
|
$249,900
2 Bed
1 Bath
806 ft²
|
$250,000
+0.04%
10/10/2019
|
Daiuy Nguyen
Thaidan Corp
| |
|
01/04/2019
|
2 Bed
|
1 Bath
|
806 ft²
|
$239,000
2 Bed
1 Bath
806 ft²
|
$228,000
-4.60%
01/30/2019
|
Scott Liu
Scott Liu, Broker
| |
|
07/08/2017
| |
2 Bed
|
1 Bath
|
806 ft²
|
-
2 Bed
1 Bath
806 ft²
|
-
-
|
-
|
|
04/15/2015
|
2 Bed
|
1 Bath
|
806 ft²
|
$169,999
2 Bed
1 Bath
806 ft²
|
$152,500
-10.29%
06/23/2015
|
Carole Downing
Berkshire Hathaway HomeService
| |
|
03/11/2015
|
2 Bed
|
2 Bath
|
856 ft²
|
$189,000
2 Bed
2 Bath
856 ft²
|
$180,000
-4.76%
05/21/2015
|
Carole Downing
Berkshire Hathaway HomeService
|
Building Info
- 2 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017