630 STRINGS DR #61
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 |
|---|---|---|---|
| Sep 20, 2019 | Sold | ||
| Sold | |||
| Jul 6, 2019 | Listed by eXp Realty | $187,500 | |
| Listed by eXp Realty | |||
| Jun 26, 2019 | No longer available | - | |
| No longer available | |||
| Jun 19, 2019 | Price Decreased |
$195,000
↓ $5K
(2.5%) | |
| Price Decreased | |||
| May 4, 2019 | Price Decreased |
$200,000
↓ $15K
(7%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/19/2019
|
3 Bed
|
3 Bath
|
1706 ft²
|
$225,000
3 Bed
3 Bath
1706 ft²
|
-
-
|
-
| |
|
09/03/2009
|
3 Bed
|
2 Bath
|
1706 ft²
|
$133,000
3 Bed
2 Bath
1706 ft²
|
$130,000
-2.26%
11/25/2009
|
Connie Trafton
Trafton Advisory Group, Ltd.
| |
|
07/18/2005
|
3 Bed
|
2 Bath
|
1706 ft²
|
$110,900
3 Bed
2 Bath
1706 ft²
|
$107,500
-3.07%
10/25/2005
|
Gil Franklin
Affinity Real Estate Brokerage
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017