604 PARK CIRCLE #16
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 |
|---|---|---|---|
| Jun 2, 2025 | Sold | ||
| Sold | |||
| May 5, 2025 | In contract | - | |
| In contract | |||
| Apr 24, 2025 | Price Decreased |
$122,500
↓ $3K
(2.4%) | |
| Price Decreased | |||
| Apr 7, 2025 | Price Decreased |
$125,500
↓ $10K
(7.4%) | |
| Price Decreased | |||
| Mar 25, 2025 | Price Decreased |
$135,500
↓ $4K
(2.9%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/02/2024
|
2 Bed
|
1 Bath
|
918 ft²
|
$193,500
2 Bed
1 Bath
918 ft²
|
$117,000
-39.53%
06/02/2025
|
Sarah Hart
BHHS FLORIDA PROPERTIES GROUP
| |
|
04/21/2022
|
2 Bed
|
2 Bath
|
918 ft²
|
$157,500
2 Bed
2 Bath
918 ft²
|
-
-
|
Trish Ellis
ALIGN RIGHT REALTY SOUTH SHORE
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017