1
Map
56 Arrowhead Circle #56C
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 |
|---|---|---|---|
| Aug 10, 2004 | Sold | ||
| Sold | |||
| Jun 4, 2004 | Listed | $344,900 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/23/2009
|
2 Bed
|
3 Bath
|
1616 ft²
|
$304,900
2 Bed
3 Bath
1616 ft²
|
$288,000
-5.54%
05/06/2010
|
Deborah Donovan
William Raveis R.E. & Home Services
| |
|
02/19/2006
|
2 Bed
|
2 Bath
|
1800 ft²
|
$379,900
2 Bed
2 Bath
1800 ft²
|
$372,000
-2.08%
03/31/2006
|
Sharon Quinn
REMAX Executive Realty
| |
|
06/04/2004
|
2 Bed
|
2 Bath
|
1800 ft²
|
$344,900
2 Bed
2 Bath
1800 ft²
|
$340,000
-1.42%
08/10/2004
|
Debra Hagen
Andrew J. Abu Inc., REALTORS®
| |
|
05/05/2001
|
2 Bed
|
3 Bath
|
1800 ft²
|
$279,900
2 Bed
3 Bath
1800 ft²
|
$275,000
-1.75%
05/31/2001
|
Doreen Silver
RE/MAX Executive Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017