56 Blaney Street #5
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 |
|---|---|---|---|
| Feb 27, 2025 | Sold | ||
| Sold | |||
| Jan 18, 2025 | In contract | - | |
| In contract | |||
| Oct 31, 2024 | Listed by The Proper Nest Real Estate | $769,000 | |
| Listed by The Proper Nest Real Estate | |||
| Oct 26, 2024 | No longer available | - | |
| No longer available | |||
| Jul 10, 2024 | Price Decreased |
$769,000
↓ $30K
(3.8%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/31/2024
|
2 Bed
|
2 Bath
|
1204 ft²
|
$769,000
2 Bed
2 Bath
1204 ft²
|
$760,000
-1.17%
02/27/2025
|
Ann Gray
Leading Edge Real Estate
| |
|
10/31/2024
|
2 Bed
|
2 Bath
|
1253 ft²
|
$799,000
2 Bed
2 Bath
1253 ft²
|
$790,000
-1.13%
01/31/2025
|
Tyson Lynch
William Raveis R.E. & Home Services
| |
|
05/02/2024
|
1 Bed
|
1 Bath
|
773 ft²
|
$659,000
1 Bed
1 Bath
773 ft²
|
$580,000
-11.99%
10/17/2024
|
Kimberly Pyne
Sagan Harborside Sotheby's International Realty
| |
|
05/02/2024
|
2 Bed
|
2 Bath
|
1204 ft²
|
$799,000
2 Bed
2 Bath
1204 ft²
|
-
-
|
Tyson Lynch
William Raveis R.E. & Home Services
| |
|
05/02/2024
|
2 Bed
|
2 Bath
|
1253 ft²
|
$829,000
2 Bed
2 Bath
1253 ft²
|
-
-
|
Tyson Lynch
William Raveis R.E. & Home Services
| |
|
10/17/2023
|
2 Bed
|
3 Bath
|
1502 ft²
|
$939,000
2 Bed
3 Bath
1502 ft²
|
$939,000
04/19/2024
|
Judith Toner
William Raveis R.E. & Home Services
| |
|
09/12/2023
|
3 Bed
|
2 Bath
|
1897 ft²
|
$1,095,000
3 Bed
2 Bath
1897 ft²
|
$1,050,000
-4.11%
03/29/2024
|
Judith Toner
William Raveis R.E. & Home Services
| |
|
09/12/2023
|
2 Bed
|
2 Bath
|
-
|
$799,000
2 Bed
2 Bath
|
-
-
|
Judith Toner
William Raveis R.E. & Home Services
| |
|
09/12/2023
|
1 Bed
|
1 Bath
|
-
|
$699,000
1 Bed
1 Bath
|
-
-
|
Judith Toner
William Raveis R.E. & Home Services
| |
|
11/11/2020
| |
5 Bed
|
2 Bath
|
6458 ft²
|
$499,900
5 Bed
2 Bath
6458 ft²
|
$850,000
+70.03%
05/26/2021
|
The Proper Nest
William Raveis R.E. & Home Services
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017