605 Augusta Boulevard #6054
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 |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Apr 6, 2025 | In contract | - | |
| In contract | |||
| Apr 6, 2025 | Price Decreased |
$199,900
↓ $50K
(20%) | |
| Price Decreased | |||
| Mar 8, 2025 | Price Decreased |
$249,900
↓ $29K
(10.4%) | |
| Price Decreased | |||
| Feb 10, 2025 | Price Decreased |
$279,000
↓ $8K
(2.8%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/07/2025
|
2 Bed
|
2 Bath
|
1125 ft²
|
$287,000
2 Bed
2 Bath
1125 ft²
|
$190,000
-33.80%
04/30/2025
|
Leeann Iacino
Engel&Voelkers Naples Bonita
| |
|
10/14/2024
|
2 Bed
|
2 Bath
|
1125 ft²
|
$299,000
2 Bed
2 Bath
1125 ft²
|
$285,000
-4.68%
01/29/2025
|
David Tate
John R Wood Properties
| |
|
04/05/2022
|
2 Bed
|
2 Bath
|
1173 ft²
|
$319,000
2 Bed
2 Bath
1173 ft²
|
$315,000
-1.25%
07/01/2022
|
Kathy Packish
Naples Realty Services, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017