51
Map
575 Esplanade #207
About This Property
Listed By
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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 27, 2026 | Relisted | $2,000,000 | |
| Relisted | |||
| Oct 22, 2026 | In contract | - | |
| In contract | |||
| Oct 1, 2026 | Price Decreased |
$2,000,000
↓ $189K
(8.6%) | |
| Price Decreased | |||
| Aug 22, 2026 | Price Decreased |
$2,189,000
↓ $100K
(4.4%) | |
| Price Decreased | |||
| Aug 3, 2026 | Price Decreased |
$2,289,000
↓ $111K
(4.6%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/16/2025
|
3 Bed
|
2 Bath
|
1510 ft²
|
$1,379,000
3 Bed
2 Bath
1510 ft²
|
$1,249,000
-9.43%
02/03/2026
|
Ed MacLaughlin
RE/MAX Estate Properties
| |
|
04/16/2025
|
2 Bed
|
1 Bath
|
1502 ft²
|
$2,099,000
2 Bed
1 Bath
1502 ft²
|
$1,762,000
-16.06%
10/09/2025
|
Christina Kaminsky Phillips
eXp Realty of California, Inc
| |
|
08/31/2024
|
2 Bed
|
2 Bath
|
1680 ft²
|
$2,275,000
2 Bed
2 Bath
1680 ft²
|
$2,135,000
-6.15%
10/30/2024
|
Judy D'Angelo
Compass
| |
|
04/10/2022
|
2 Bed
|
2 Bath
|
1502 ft²
|
$1,975,000
2 Bed
2 Bath
1502 ft²
|
-
-
|
Lisa Moule
Beach City Brokers
| |
|
08/16/2020
|
2 Bed
|
2 Bath
|
1359 ft²
|
$995,000
2 Bed
2 Bath
1359 ft²
|
-
-
|
-
| |
|
08/27/2019
|
3 Bed
|
2 Bath
|
1510 ft²
|
$1,145,000
3 Bed
2 Bath
1510 ft²
|
-
-
|
-
| |
|
06/10/2019
|
2 Bed
|
2 Bath
|
1359 ft²
|
$1,026,000
2 Bed
2 Bath
1359 ft²
|
$975,000
-4.97%
08/05/2019
|
Kurt Allen
Compass
| |
|
09/21/2017
|
2 Bed
|
1 Bath
|
1359 ft²
|
$859,000
2 Bed
1 Bath
1359 ft²
|
$840,000
-2.21%
04/05/2018
|
Mickey Turner
Estate Properties
| |
|
02/17/2017
|
2 Bed
|
2 Bath
|
1559 ft²
|
$1,390,000
2 Bed
2 Bath
1559 ft²
|
$1,330,000
-4.32%
05/16/2017
|
Stephany Chen
Compass
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017