61 Front St #B
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 |
|---|---|---|---|
| Nov 7, 2025 | Sold | ||
| Sold | |||
| Oct 7, 2025 | In contract | - | |
| In contract | |||
| Sep 13, 2025 | Price Decreased |
$699,000
↓ $20K
(2.8%) | |
| Price Decreased | |||
| Sep 2, 2025 | Listed by RE/MAX Beacon | $719,000 | |
| Listed by RE/MAX Beacon | |||
| Jul 10, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/02/2025
|
3 Bed
|
2 Bath
|
2141 ft²
|
$719,000
3 Bed
2 Bath
2141 ft²
|
$675,000
-6.12%
11/07/2025
|
Heather Dagle
J. Barrett & Company
| |
|
02/28/2025
|
3 Bed
|
2 Bath
|
2141 ft²
|
$769,000
3 Bed
2 Bath
2141 ft²
|
-
-
|
Heather Dagle
J. Barrett & Company
| |
|
08/25/2018
|
3 Bed
|
3 Bath
|
2141 ft²
|
-
3 Bed
3 Bath
2141 ft²
|
-
-
|
-
| |
|
03/03/2015
|
3 Bed
|
3 Bath
|
2141 ft²
|
$390,000
3 Bed
3 Bath
2141 ft²
|
$380,000
-2.56%
06/19/2015
|
Michael Quail
eXp Realty
| |
|
03/25/2011
|
3 Bed
|
3 Bath
|
2141 ft²
|
$347,000
3 Bed
3 Bath
2141 ft²
|
$325,000
-6.34%
11/15/2011
|
David DeGagne
Solomon Real Estate
| |
|
06/21/2010
|
3 Bed
|
2 Bath
|
2141 ft²
|
$365,500
3 Bed
2 Bath
2141 ft²
|
-
-
|
David DeGagne
Solomon Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017