600 N The Strand #23
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%.
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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 23, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2024 | Price Decreased |
$1,299,000
↓ $100K
(7.2%) | |
| Price Decreased | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| Feb 12, 2024 | Listed by Realty ONE Group Pacific | $1,399,000 | |
| Listed by Realty ONE Group Pacific | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/03/2026
|
2 Bed
|
2 Bath
|
1039 ft²
|
$1,875,000
2 Bed
2 Bath
1039 ft²
|
$1,835,000
-2.13%
05/20/2026
|
Amanda Olivas
Real Broker
| |
|
05/07/2025
|
2 Bed
|
2 Bath
|
1039 ft²
|
$1,575,000
2 Bed
2 Bath
1039 ft²
|
$1,506,000
-4.38%
07/10/2025
|
Frank McLin
Heartland Real Estate
| |
|
01/09/2025
|
2 Bed
|
2 Bath
|
1039 ft²
|
$1,800,000
2 Bed
2 Bath
1039 ft²
|
$1,750,000
-2.78%
02/26/2025
|
Amanda Olivas
Real Broker
| |
|
07/31/2024
|
1 Bed
|
1 Bath
|
831 ft²
|
$798,800
1 Bed
1 Bath
831 ft²
|
$798,000
-0.10%
08/16/2024
|
Jeff Barr
Allison James Estates & Homes
| |
|
02/12/2024
|
2 Bed
|
2 Bath
|
1387 ft²
|
$1,399,000
2 Bed
2 Bath
1387 ft²
|
$1,210,000
-13.51%
09/23/2024
|
Reid Chambers
Realty ONE Group Pacific
| |
|
08/29/2023
|
2 Bed
|
2 Bath
|
1086 ft²
|
$1,375,000
2 Bed
2 Bath
1086 ft²
|
$1,415,000
+2.91%
09/20/2023
|
Amanda Olivas
Real Broker
| |
|
04/30/2022
|
2 Bed
|
2 Bath
|
1039 ft²
|
$1,550,000
2 Bed
2 Bath
1039 ft²
|
-
-
|
Alan Shafran
Shafran Realty Group
| |
|
02/14/2022
|
2 Bed
|
2 Bath
|
1048 ft²
|
$950,000
2 Bed
2 Bath
1048 ft²
|
-
-
|
Susan Gedestad
Keller Williams San Diego Metro
| |
|
08/02/2019
|
1 Bed
|
1 Bath
|
831 ft²
|
$655,000
1 Bed
1 Bath
831 ft²
|
$620,000
-5.34%
11/27/2019
|
Alan Shafran
Shafran Realty Group
| |
|
05/25/2019
|
2 Bed
|
2 Bath
|
1039 ft²
|
$989,990
2 Bed
2 Bath
1039 ft²
|
$991,000
+0.10%
07/03/2019
|
Allyson Beneze
LPT Realty,Inc
| |
|
04/09/2019
|
2 Bed
|
2 Bath
|
1117 ft²
|
$999,000
2 Bed
2 Bath
1117 ft²
|
$990,000
-0.90%
07/24/2019
|
Jason Koehler
NuPacifica Realty
| |
|
07/08/2017
| |
2 Bed
|
2 Bath
|
1075 ft²
|
-
2 Bed
2 Bath
1075 ft²
|
-
-
|
-
|
|
07/05/2017
|
2 Bed
|
2 Bath
|
1075 ft²
|
$899,000
2 Bed
2 Bath
1075 ft²
|
$840,000
-6.56%
10/31/2017
|
Danny Power
Engel & Volkers Rancho Santa Fe
| |
|
11/06/2015
|
1 Bed
|
1 Bath
|
831 ft²
|
$595,000
1 Bed
1 Bath
831 ft²
|
$585,000
-1.68%
02/05/2016
|
John Beran
Shafran Realty Group
| |
|
10/27/2014
|
2 Bed
|
2 Bath
|
1039 ft²
|
$829,000
2 Bed
2 Bath
1039 ft²
|
$815,000
-1.69%
12/15/2014
|
John Beran
Shafran Realty Group
| |
|
04/16/2014
|
2 Bed
|
2 Bath
|
1039 ft²
|
$849,000
2 Bed
2 Bath
1039 ft²
|
$800,000
-5.77%
07/31/2014
|
John Beran
Shafran Realty Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017