648 Mardel Court #708
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%.
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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 |
|---|---|---|---|
| Jan 15, 2026 | Sold | ||
| Sold | |||
| Dec 16, 2025 | In contract | - | |
| In contract | |||
| Sep 26, 2025 | Listed by John R Wood Properties | $285,000 | |
| Listed by John R Wood Properties | |||
| Sep 1, 2025 | No longer available | - | |
| No longer available | |||
| Jun 1, 2025 | Price Decreased |
$300,000
↓ $29K
(8.8%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/26/2025
|
2 Bed
|
2 Bath
|
1093 ft²
|
$285,000
2 Bed
2 Bath
1093 ft²
|
$250,000
-12.28%
01/15/2026
|
Debra Sartori
DomainRealty.com LLC
| |
|
11/22/2024
|
2 Bed
|
2 Bath
|
1093 ft²
|
$350,000
2 Bed
2 Bath
1093 ft²
|
-
-
|
Todd C Burrows PA
Keller Williams Realty - Welli
| |
|
07/10/2024
|
2 Bed
|
2 Bath
|
1063 ft²
|
$339,900
2 Bed
2 Bath
1063 ft²
|
-
-
|
Rebecca Sinatra
Premier Sotheby's Int'l Realty
| |
|
02/29/2024
|
2 Bed
|
2 Bath
|
1093 ft²
|
$314,700
2 Bed
2 Bath
1093 ft²
|
-
-
|
Linda Camp Hoeckelberg
EXP Realty LLC
| |
|
02/18/2021
|
3 Bed
|
2 Bath
|
1377 ft²
|
$230,000
3 Bed
2 Bath
1377 ft²
|
-
-
|
-
| |
|
06/22/2020
|
2 Bed
|
2 Bath
|
1164 ft²
|
$190,000
2 Bed
2 Bath
1164 ft²
|
$184,000
-3.16%
04/21/2021
|
Rob Anthony Lahay
| |
|
06/16/2020
|
3 Bed
|
2 Bath
|
1377 ft²
|
$220,000
3 Bed
2 Bath
1377 ft²
|
-
-
|
-
| |
|
10/11/2019
|
2 Bed
|
2 Bath
|
1164 ft²
|
$185,000
2 Bed
2 Bath
1164 ft²
|
-
-
|
-
| |
|
01/10/2019
|
3 Bed
|
2 Bath
|
1377 ft²
|
$229,900
3 Bed
2 Bath
1377 ft²
|
-
-
|
-
| |
|
05/16/2012
|
2 Bed
|
2 Bath
|
1164 ft²
|
$109,000
2 Bed
2 Bath
1164 ft²
|
$109,000
10/19/2012
|
Mike Dodge
John R. Wood Properties
| |
|
05/05/2012
|
3 Bed
|
2 Bath
|
1377 ft²
|
$139,000
3 Bed
2 Bath
1377 ft²
|
$125,000
-10.07%
10/17/2012
|
Mike Dodge
John R Wood Properties
|
Building Info
About Golden Gate
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017