697 Monroe Street #2
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 |
|---|---|---|---|
| Apr 23, 2019 | No longer available | - | |
| No longer available | |||
| Apr 18, 2019 | Sold | ||
| Sold | |||
| Jul 10, 2018 | In contract | - | |
| In contract | |||
| Jun 15, 2018 | Listed by Corcoran Group | $779,000 | |
| Listed by Corcoran Group | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/26/2026
|
2 Bed
|
2 Bath
|
1130 ft²
|
$1,100,000
2 Bed
2 Bath
1130 ft²
|
$1,150,000
+4.55%
05/28/2026
|
Emma James
Corcoran Group
| |
|
02/15/2019
|
2 Bed
|
3 Bath
|
1130 ft²
|
$1,125,000
2 Bed
3 Bath
1130 ft²
|
$999,000
-11.20%
06/28/2019
|
Eric Volpe
Prudential Douglas Elliman Real Estate
| |
|
01/14/2019
|
2 Bed
|
3 Bath
|
1750 ft²
|
$999,000
2 Bed
3 Bath
1750 ft²
|
$999,000
05/28/2019
|
Eric Volpe
Prudential Douglas Elliman Real Estate
| |
|
01/14/2019
|
2 Bed
|
2 Bath
|
815 ft²
|
$699,000
2 Bed
2 Bath
815 ft²
|
$645,000
-7.73%
04/24/2019
|
Eric Volpe
Prudential Douglas Elliman Real Estate
| |
|
06/15/2018
|
2 Bed
|
1 Bath
|
824 ft²
|
$779,000
2 Bed
1 Bath
824 ft²
|
$684,000
-12.20%
04/18/2019
|
Daniel Cohen
Corcoran Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017