5547 Strand #105
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 6, 2018 | Sold | ||
| Sold | |||
| May 20, 2018 | Listed by Palm Realty Boutique, Inc. | $839,000 | |
| Listed by Palm Realty Boutique, Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/01/2025
|
2 Bed
|
3 Bath
|
1680 ft²
|
$1,179,000
2 Bed
3 Bath
1680 ft²
|
$1,170,000
-0.76%
01/20/2026
|
Matthew Barry
eXp Realty of California Inc
| |
|
07/13/2018
|
2 Bed
|
2 Bath
|
1554 ft²
|
$815,000
2 Bed
2 Bath
1554 ft²
|
$820,000
+0.61%
09/13/2018
|
Debbie Martin
Engel & Volkers LA South Bay
| |
|
06/11/2018
| |
2 Bed
|
3 Bath
|
1714 ft²
|
-
2 Bed
3 Bath
1714 ft²
|
-
-
|
-
|
|
05/20/2018
|
2 Bed
|
2 Bath
|
1714 ft²
|
$839,000
2 Bed
2 Bath
1714 ft²
|
$868,686
+3.54%
07/06/2018
|
Tamara Humphrey
Palm Realty Boutique, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017