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59 Park
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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%.
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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 |
|---|---|---|---|
| Sep 17, 2026 | In contract | - | |
| In contract | |||
| Sep 11, 2026 | Listed by BHHS Verani Bedford | $110,000 | |
| Listed by BHHS Verani Bedford | |||
| Nov 30, 2018 | No longer available | - | |
| No longer available | |||
| Sep 11, 2018 | Listed | $70,000 | |
| Listed | |||
| | |||
|
Desirable Monadnock Park home with 2 bedrooms and 1 bath, open concept with many upgrades. 784 sq' of living space plus private side yard. Excellent commuting location to all routes and amenities. The manager has listed the unit size as 784 square feet.
| |||
| May 17, 1996 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017