1
Map
555 Esplanade #417
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 |
|---|---|---|---|
| Oct 13, 2017 | Sold | ||
| Sold | |||
| Feb 28, 2017 | Listed by Re/Max Estate Properties | $949,999 | |
| 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 |
|---|---|---|---|---|---|---|---|
|
01/30/2026
|
2 Bed
|
2 Bath
|
1065 ft²
|
$999,000
2 Bed
2 Bath
1065 ft²
|
$950,000
-4.90%
02/26/2026
|
Justin Miller
Beach City Brokers
| |
|
08/07/2025
|
2 Bed
|
2 Bath
|
1065 ft²
|
$995,000
2 Bed
2 Bath
1065 ft²
|
$950,000
-4.52%
12/05/2025
|
Justin Miller
Beach City Brokers
| |
|
12/01/2024
|
2 Bed
|
3 Bath
|
1330 ft²
|
$1,600,000
2 Bed
3 Bath
1330 ft²
|
$1,725,000
+7.81%
01/02/2025
|
Lynn Peters
Compass
| |
|
12/10/2023
|
2 Bed
|
2 Bath
|
1065 ft²
|
$965,000
2 Bed
2 Bath
1065 ft²
|
-
-
|
Lisa Moule
Beach City Brokers
| |
|
03/21/2023
|
2 Bed
|
2.5 Bath
|
1785 ft²
|
$2,250,000
2 Bed
2.5 Bath
1785 ft²
|
-
-
|
Lisa Moule
Beach City Brokers
| |
|
02/01/2022
|
3 Bed
|
3 Bath
|
1532 ft²
|
$1,499,000
3 Bed
3 Bath
1532 ft²
|
-
-
|
James Gilbo
Estate Properties
| |
|
10/20/2021
|
1 Bed
|
2 Bath
|
750 ft²
|
$870,000
1 Bed
2 Bath
750 ft²
|
-
-
|
Jason Buck
RE/MAX Estate Properties
| |
|
04/09/2021
|
2 Bed
|
2 Bath
|
956 ft²
|
$979,000
2 Bed
2 Bath
956 ft²
|
$880,000
-10.11%
09/24/2021
|
Jake Hurwitz
| |
|
06/29/2021
|
2 Bed
|
3 Bath
|
1196 ft²
|
$1,089,000
2 Bed
3 Bath
1196 ft²
|
$1,250,000
+14.78%
09/15/2021
|
Michelle Moebius
Keller Williams Beach Cities
| |
|
01/26/2021
|
2 Bed
|
2 Bath
|
956 ft²
|
$979,000
2 Bed
2 Bath
956 ft²
|
$979,000
03/10/2021
|
Heidi Ludwig
| |
|
08/31/2020
|
1 Bed
|
2 Bath
|
772 ft²
|
$899,000
1 Bed
2 Bath
772 ft²
|
$865,000
-3.78%
01/14/2021
|
Jason Buck
| |
|
06/06/2018
|
2 Bed
|
2 Bath
|
1063 ft²
|
$1,036,425
2 Bed
2 Bath
1063 ft²
|
$1,030,000
-0.62%
08/21/2018
|
Lisa Moule
Beach City Brokers
| |
|
06/28/2017
| |
1 Bed
|
1 Bath
|
756 ft²
|
$899,000
1 Bed
1 Bath
756 ft²
|
$855,000
-4.89%
09/11/2017
|
Brianna Franco
eXp Realty of Southern Ca, Inc
|
|
02/28/2017
|
2 Bed
|
2 Bath
|
903 ft²
|
$949,999
2 Bed
2 Bath
903 ft²
|
$945,000
-0.53%
10/13/2017
|
Lisa Moule
Beach City Brokers
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017