5429 Strand #104
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 |
|---|---|---|---|
| Jul 27, 2020 | Sold | ||
| Sold | |||
| Jun 18, 2020 | Listed by Re/Max Estate Properties | $855,000 | |
| Listed by Re/Max Estate Properties | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/01/2026
|
3 Bed
|
3 Bath
|
2123 ft²
|
$1,390,000
3 Bed
3 Bath
2123 ft²
|
$1,390,000
04/15/2026
|
Matthew Engle
Vista Sotheby's International Realty
| |
|
05/22/2025
|
2 Bed
|
3 Bath
|
1700 ft²
|
$1,180,000
2 Bed
3 Bath
1700 ft²
|
$1,180,000
06/20/2025
|
Cezar Mansour
Hot Property Solutions
| |
|
06/18/2020
|
2 Bed
|
2 Bath
|
1584 ft²
|
$855,000
2 Bed
2 Bath
1584 ft²
|
$870,000
+1.75%
07/27/2020
|
Daniel Lemieux
Estate Properties
| |
|
03/02/2019
|
2 Bed
|
3 Bath
|
1714 ft²
|
$879,000
2 Bed
3 Bath
1714 ft²
|
$880,000
+0.11%
04/26/2019
|
David Gwilt
eXp Realty of California Inc
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017