53 Central Ave #2
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 |
|---|---|---|---|
| Oct 12, 2018 | Sold | ||
| Sold | |||
| Aug 2, 2018 | Listed by RE/MAX Platinum | $499,000 | |
| Listed by RE/MAX Platinum | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/11/2020
|
3 Bed
|
2 Bath
|
1500 ft²
|
$499,000
3 Bed
2 Bath
1500 ft²
|
$485,000
-2.81%
01/11/2021
|
The Hines Group
Lantern Residential
| |
|
08/02/2018
|
3 Bed
|
3 Bath
|
1667 ft²
|
$499,000
3 Bed
3 Bath
1667 ft²
|
$499,000
10/12/2018
|
Joginder Saini
New Home Realty
| |
|
08/02/2018
|
3 Bed
|
2 Bath
|
1500 ft²
|
$429,000
3 Bed
2 Bath
1500 ft²
|
$445,000
+3.73%
10/04/2018
|
Joginder Saini
New Home Realty
| |
|
07/26/2017
| |
4 Bed
|
3 Bath
|
2205 ft²
|
$299,900
4 Bed
3 Bath
2205 ft²
|
$322,000
+7.37%
09/05/2017
|
Rhonda Stone
TouchStone Partners, LLC
|
|
08/07/1998
| |
7 Bed
|
-
|
-
|
$204,900
7 Bed
-
|
$200,000
-2.39%
12/09/1998
|
Debbie Lochiatto
Key Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017