53 Bunker Drive #2
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 |
|---|---|---|---|
| Mar 1, 2023 | No longer available | - | |
| No longer available | |||
| Feb 16, 2023 | Price Decreased |
$598,900
↓ $175K
(22.6%) | |
| Price Decreased | |||
| Feb 9, 2023 | Price Increased |
$774,000
↑ $262K
(51%) | |
| Price Increased | |||
| Jan 26, 2023 | Listed | $512,500 | |
| Listed | |||
| Dec 15, 2022 | Price Decreased |
$599,900
↓ $50K
(7.7%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/26/2023
|
Studio
|
-
|
-
|
$512,500
Studio
-
|
-
-
|
La Nora Kay
Weichert, REALTORS - Good Life
| |
|
10/19/2022
|
6 Bed
|
5 Bath
|
2238 ft²
|
$650,000
6 Bed
5 Bath
2238 ft²
|
-
-
|
Dustin Hall
Sunset Realty Services Inc.
| |
|
09/19/2022
|
12 Bed
|
10 Bath
|
4621 ft²
|
$1,600,000
12 Bed
10 Bath
4621 ft²
|
-
-
|
Dustin Hall
Sunset Realty Services Inc.
| |
|
06/15/2022
|
6 Bed
|
5 Bath
|
2305 ft²
|
$799,000
6 Bed
5 Bath
2305 ft²
|
-
-
|
Dustin Hall
Sunset Realty Services Inc.
| |
|
01/27/2022
|
Studio
|
-
|
-
|
$1,548,000
Studio
-
|
-
-
|
La Nora Kay
Weichert, REALTORS - Good Life
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017