1
Map
625 MADISON ST #307
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 |
|---|---|---|---|
| Jun 28, 2013 | Sold | ||
| Sold | |||
| May 8, 2013 | Listed by FAR EAST REALTY | $228,000 | |
| Listed by FAR EAST REALTY | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/12/2024
|
2 Bed
|
2 Bath
|
1056 ft²
|
$499,000
2 Bed
2 Bath
1056 ft²
|
$484,800
-2.85%
03/21/2025
|
Leo Zhang
Morgan Real Estate
| |
|
08/31/2021
|
1 Bed
|
1 Bath
|
616 ft²
|
$440,000
1 Bed
1 Bath
616 ft²
|
$430,000
-2.27%
12/16/2021
|
Elisa Chao
Legacy Real Estate & Assoc.
| |
|
07/27/2018
|
2 Bed
|
2 Bath
|
905 ft²
|
$475,000
2 Bed
2 Bath
905 ft²
|
$475,000
12/28/2018
|
Sendy Giang
F A S Realty Inc.
| |
|
03/07/2016
|
1 Bed
|
1 Bath
|
616 ft²
|
$225,000
1 Bed
1 Bath
616 ft²
|
$270,000
+20.00%
04/20/2016
|
Jing Cheri Zhang
SMART CHOICE REALTY
| |
|
05/08/2013
|
1 Bed
|
1 Bath
|
616 ft²
|
$228,000
1 Bed
1 Bath
616 ft²
|
$255,000
+11.84%
06/28/2013
|
Sendy Giang
F A S Realty Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017