58 Cascade Flats
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 |
|---|---|---|---|
| Oct 4, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Relisted | $225,000 | |
| Relisted | |||
| Aug 28, 2024 | In contract | - | |
| In contract | |||
| Aug 20, 2024 | Listed by A House To Home Realty | $225,000 | |
| Listed by A House To Home Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/20/2024
| |
Studio
|
-
|
2472 ft²
|
$225,000
Studio
-
2472 ft²
|
$187,500
-16.67%
10/04/2024
|
Janet Nickerson
Badger Realty North
|
|
03/26/2014
| |
Studio
|
3 Bath
|
2600 ft²
|
$19,200
Studio
3 Bath
2600 ft²
|
$29,500
+53.65%
10/01/2014
|
Steve Grone
RE/MAX Northern Edge Realty LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017