5770 Midnight Pass ROAD #607
About This Property
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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%.
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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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| May 3, 2024 | In contract | - | |
| In contract | |||
| Apr 11, 2024 | Listed by MICHAEL SAUNDERS & COMPANY | $1,350,000 | |
| Listed by MICHAEL SAUNDERS & COMPANY | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/04/2026
|
3 Bed
|
2 Bath
|
2085 ft²
|
$2,495,000
3 Bed
2 Bath
2085 ft²
|
$2,500,000
+0.20%
04/15/2026
|
Sylvia Wilk
KELLER WILLIAMS CLASSIC GROUP
| |
|
02/17/2026
|
2 Bed
|
2 Bath
|
1337 ft²
|
$1,350,000
2 Bed
2 Bath
1337 ft²
|
$1,250,000
-7.41%
04/30/2026
|
Tina Johns
COLDWELL BANKER REALTY
| |
|
11/29/2024
|
2 Bed
|
2 Bath
|
1337 ft²
|
$1,275,000
2 Bed
2 Bath
1337 ft²
|
$1,075,000
-15.69%
06/30/2025
|
Tina Johns
COLDWELL BANKER REALTY
| |
|
04/11/2024
|
2 Bed
|
2 Bath
|
1337 ft²
|
$1,350,000
2 Bed
2 Bath
1337 ft²
|
$1,200,000
-11.11%
05/31/2024
|
Drew Russell
MICHAEL SAUNDERS & COMPANY
| |
|
02/05/2024
|
2 Bed
|
2 Bath
|
1337 ft²
|
$1,325,000
2 Bed
2 Bath
1337 ft²
|
$1,100,000
-16.98%
04/30/2024
|
Nancy Barden
COLDWELL BANKER REALTY
| |
|
10/11/2023
|
2 Bed
|
2 Bath
|
1435 ft²
|
$1,299,750
2 Bed
2 Bath
1435 ft²
|
$1,100,000
-15.37%
12/04/2023
|
Tina Johns
COLDWELL BANKER REALTY
| |
|
09/27/2023
|
2 Bed
|
2 Bath
|
1337 ft²
|
$1,495,000
2 Bed
2 Bath
1337 ft²
|
$1,395,000
-6.69%
12/08/2023
|
Sylvia Wilk
KELLER WILLIAMS CLASSIC GROUP
| |
|
11/14/2022
|
2 Bed
|
2 Bath
|
1337 ft²
|
$899,000
2 Bed
2 Bath
1337 ft²
|
$875,000
-2.67%
01/13/2023
|
Rudy Dudon
MICHAEL SAUNDERS & COMPANY
| |
|
10/25/2022
|
2 Bed
|
2 Bath
|
1337 ft²
|
$990,000
2 Bed
2 Bath
1337 ft²
|
$982,500
-0.76%
11/28/2022
|
Tina Johns
COLDWELL BANKER REALTY
| |
|
07/28/2022
|
2 Bed
|
2 Bath
|
1337 ft²
|
$1,199,000
2 Bed
2 Bath
1337 ft²
|
-
-
|
Jason R Wood
EXP Realty LLC
| |
|
06/16/2022
|
2 Bed
|
2 Bath
|
1337 ft²
|
$899,000
2 Bed
2 Bath
1337 ft²
|
-
-
|
Steve Cavanaugh
RE/MAX TROPICAL SANDS
| |
|
10/29/2021
|
2 Bed
|
2 Bath
|
1337 ft²
|
$899,000
2 Bed
2 Bath
1337 ft²
|
$850,000
-5.45%
12/29/2021
|
Ryan Skrzypkowski
COLDWELL BANKER REALTY
| |
|
09/02/2021
|
2 Bed
|
2 Bath
|
1337 ft²
|
$1,190,000
2 Bed
2 Bath
1337 ft²
|
$1,150,000
-3.36%
01/06/2022
|
-
| |
|
07/15/2021
|
2 Bed
|
2 Bath
|
1337 ft²
|
$799,000
2 Bed
2 Bath
1337 ft²
|
$759,000
-5.01%
11/08/2021
|
Jessica Alopaeus
COLDWELL BANKER REALTY
| |
|
05/29/2021
|
2 Bed
|
2 Bath
|
1435 ft²
|
$1,000,000
2 Bed
2 Bath
1435 ft²
|
$1,005,000
+0.50%
06/14/2021
|
Kelly Rosenberg
COLDWELL BANKER REALTY
| |
|
05/14/2021
|
2 Bed
|
2 Bath
|
1337 ft²
|
$1,050,000
2 Bed
2 Bath
1337 ft²
|
$1,070,000
+1.90%
06/24/2021
|
Rudy Dudon
MICHAEL SAUNDERS & COMPANY
| |
|
03/01/2021
|
2 Bed
|
2 Bath
|
1337 ft²
|
$794,900
2 Bed
2 Bath
1337 ft²
|
-
-
|
-
|
Building Info
- 2 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017