5994 Trophy Drive #1203
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 |
|---|---|---|---|
| Aug 7, 2025 | Sold | ||
| Sold | |||
| Jul 8, 2025 | In contract | - | |
| In contract | |||
| May 16, 2025 | Price Decreased |
$749,000
↓ $26K
(3.4%) | |
| Price Decreased | |||
| Apr 28, 2025 | Price Decreased |
$775,000
↓ $24K
(3%) | |
| Price Decreased | |||
| Mar 8, 2025 | Price Decreased |
$799,000
↓ $50K
(5.9%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/11/2025
|
3 Bed
|
2 Bath
|
2160 ft²
|
$640,000
3 Bed
2 Bath
2160 ft²
|
$640,000
12/16/2025
|
Debbie Frost
John R Wood Properties
| |
|
02/04/2025
|
3 Bed
|
3 Bath
|
2686 ft²
|
$899,000
3 Bed
3 Bath
2686 ft²
|
$700,000
-22.14%
08/07/2025
|
Samantha Corrochano
Dellatore Real Estate Company
| |
|
02/19/2021
|
3 Bed
|
3 Bath
|
2686 ft²
|
$499,000
3 Bed
3 Bath
2686 ft²
|
$455,000
-8.82%
06/20/2021
|
Susan E Procacci
| |
|
04/02/2019
|
3 Bed
|
3 Bath
|
2686 ft²
|
$477,000
3 Bed
3 Bath
2686 ft²
|
-
-
|
-
|
Building Info
About Urban Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017