604 Pebble Beach Path #604
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 |
|---|---|---|---|
| Oct 24, 2024 | Sold | ||
| Sold | |||
| Jul 24, 2024 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | Price Decreased |
$465,000
↓ $8K
(1.7%) | |
| Price Decreased | |||
| Jun 6, 2024 | Price Increased |
$472,900
↑ $8K
(1.7%) | |
| Price Increased | |||
| May 7, 2024 | Listed by Douglas Elliman Real Estate | $465,000 | |
| Listed by Douglas Elliman Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/07/2024
|
2 Bed
|
2 Bath
|
-
|
$485,000
2 Bed
2 Bath
|
$462,500
-4.64%
10/24/2024
|
Stephan Mandresh
Douglas Elliman Real Estate
| |
|
12/27/2016
| |
2 Bed
|
2 Bath
|
1258 ft²
|
$325,000
2 Bed
2 Bath
1258 ft²
|
$315,000
-3.08%
06/01/2017
|
Patrick Fedun
Fedun Real Estate Inc
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017