608 Gazebo Circle #608
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 25, 2023 | Sold | ||
| Sold | |||
| Sep 16, 2023 | In contract | - | |
| In contract | |||
| Sep 8, 2023 | Price Decreased |
$529,500
↓ $21K
(3.7%) | |
| Price Decreased | |||
| Jul 28, 2023 | Price Increased |
$550,000
↑ $21K
(3.9%) | |
| Price Increased | |||
| Jul 5, 2023 | Listed by ERA Key Realty Services | $529,500 | |
| Listed by ERA Key Realty Services | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/05/2023
|
2 Bed
|
3 Bath
|
1168 ft²
|
$560,000
2 Bed
3 Bath
1168 ft²
|
$525,000
-6.25%
10/25/2023
|
Kathy Devine
ERA Key Realty Services
| |
|
05/11/2015
|
2 Bed
|
3 Bath
|
1168 ft²
|
$330,000
2 Bed
3 Bath
1168 ft²
|
$330,000
09/04/2015
|
Judy Sousa
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
03/09/2004
|
2 Bed
|
3 Bath
|
1168 ft²
|
$339,900
2 Bed
3 Bath
1168 ft²
|
$330,000
-2.91%
04/30/2004
|
Roland Spadafora
CENTURY 21 GR Associates
| |
|
12/14/1999
|
2 Bed
|
3 Bath
|
1168 ft²
|
$229,900
2 Bed
3 Bath
1168 ft²
|
$224,000
-2.57%
02/28/2000
|
Joyce Kiley
Boardwalk Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017