683 Midway DRIVE #UNITA
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 |
|---|---|---|---|
| Jan 31, 2025 | Sold | ||
| Sold | |||
| Jan 1, 2025 | In contract | - | |
| In contract | |||
| Dec 29, 2024 | Listed by REMAX/PREMIER REALTY | $102,500 | |
| Listed by REMAX/PREMIER REALTY | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/21/2025
|
1 Bed
|
1 Bath
|
822 ft²
|
$109,900
1 Bed
1 Bath
822 ft²
|
$103,000
-6.28%
10/17/2025
|
Marie Evans
RE/MAX PREMIER REALTY
| |
|
06/23/2025
|
1 Bed
|
1 Bath
|
822 ft²
|
$95,000
1 Bed
1 Bath
822 ft²
|
$75,000
-21.05%
12/10/2025
|
Janie Quast
SELLSTATE NEXT GENERATION REAL
| |
|
12/29/2024
|
1 Bed
|
1 Bath
|
822 ft²
|
$102,500
1 Bed
1 Bath
822 ft²
|
$102,500
01/31/2025
|
Marie Evans
RE/MAX PREMIER REALTY
| |
|
11/23/2020
|
1 Bed
|
1 Bath
|
980 ft²
|
$74,900
1 Bed
1 Bath
980 ft²
|
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-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017