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Map
602 MIDWAY DRIVE #A
About This Property
Recent upgrades include a new AC, new water heater, new appliances, and a new electric panel - move-in ready with peace of mind. Motivated seller is willing to assist with closing costs. Priced to sell quickly - don't miss this opportunity! Call today to schedule your showing and make this lovely property yours.
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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 |
|---|---|---|---|
| Jul 2, 2026 | Sold | ||
| Sold | |||
| Jun 11, 2026 | In contract | - | |
| In contract | |||
| May 23, 2026 | Price Decreased |
$135,000
↓ $7K
(4.9%) | |
| Price Decreased | |||
| May 23, 2026 | Relisted | $142,000 | |
| Relisted | |||
| May 9, 2026 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/28/2025
|
2 Bed
|
2 Bath
|
1138 ft²
|
$149,000
2 Bed
2 Bath
1138 ft²
|
$130,000
-12.75%
07/02/2026
|
Melissa Mitchell
KELLER WILLIAMS CORNERSTONE RE
| |
|
02/19/2024
|
2 Bed
|
2 Bath
|
1138 ft²
|
$142,900
2 Bed
2 Bath
1138 ft²
|
$135,000
-5.53%
04/16/2024
|
Scott Hutchinson
SUNBURST PROPERTIES
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017