616 Park Avenue
About This Property
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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 |
|---|---|---|---|
| Sep 23, 2024 | Sold | ||
| Sold | |||
| Sep 5, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by Lifestyle International Realty | $670,000 | |
| Listed by Lifestyle International Realty | |||
| Jun 30, 2022 | Sold | ||
| Sold | |||
| May 15, 2022 | Listed by DeFelice Realty Group, LLC | $619,000 | |
| Listed by DeFelice Realty Group, LLC | |||
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Life is but a dream on Park Avenue...Close your eyes (after you read this, of course) & imagine yourself relaxing, in your gorgeous, fenced-in backyard, floating on your very own in-ground, saltwater, Oasis pool (which has a brand new liner w/ a warranty!)...the smell of delicious food on the grill, and a gentle breeze on your face.. It's the perfect day at your dream home, which is the perfect place to entertain and live your daily life. Plenty of space, a first floor dedicated office, first floor laundry, spacious kitchen w/ upgraded stainless steel appliances, a luxurious hotel-like Primary Suite, and four comfortably sized additional bedrooms.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017