577 Monaco #M
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 |
|---|---|---|---|
| Feb 23, 2026 | Sold | ||
| Sold | |||
| Feb 21, 2026 | In contract | - | |
| In contract | |||
| Dec 6, 2025 | In contract | - | |
| In contract | |||
| Oct 14, 2025 | Price Decreased |
$89,000
↓ $11K
(10.9%) | |
| Price Decreased | |||
| Sep 5, 2025 | Price Decreased |
$99,900
↓ $10K
(9.2%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/25/2025
|
2 Bed
|
2 Bath
|
880 ft²
|
$158,000
2 Bed
2 Bath
880 ft²
|
$80,000
-49.37%
02/23/2026
|
Fiona Barone
EXP Realty LLC
| |
|
07/30/2017
| |
2 Bed
|
2 Bath
|
883 ft²
|
$68,500
2 Bed
2 Bath
883 ft²
|
$68,000
-0.73%
10/12/2017
|
Julian Simon Soffer
|
|
05/11/2017
|
2 Bed
|
2 Bath
|
883 ft²
|
$68,500
2 Bed
2 Bath
883 ft²
|
$68,000
-0.73%
10/02/2017
|
Julian Soffer
Keller Williams Boca Raton
|
Building Info
About Kings Point
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$2,150 /mo
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- 1,079 ft²
$2,000 /mo
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- 2 Baths
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017