7 Lake Ridge Cir #A1821
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 |
|---|---|---|---|
| Jun 26, 2023 | Sold | ||
| Sold | |||
| May 25, 2023 | Listed | $1,175,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/09/2024
|
2 Bed
|
2 Bath
|
1038 ft²
|
$1,199,000
2 Bed
2 Bath
1038 ft²
|
-
-
|
Amy Smits
eXp Realty LLC - Resort Experts
| |
|
05/25/2023
|
2 Bed
|
1 Bath
|
1044 ft²
|
$1,175,000
2 Bed
1 Bath
1044 ft²
|
$1,175,000
06/26/2023
|
Kim Hebron
Colorado Craft Brokers
| |
|
05/25/2023
|
2 Bed
|
2 Bath
|
1044 ft²
|
$1,175,000
2 Bed
2 Bath
1044 ft²
|
$1,175,000
06/26/2023
|
Kim Hebron
Colorado Craft Brokers
| |
|
08/24/2021
|
4 Bed
|
3 Bath
|
1672 ft²
|
$1,390,000
4 Bed
3 Bath
1672 ft²
|
$1,510,000
+8.63%
09/20/2021
|
Benjamin Brewer
Real Estate Experts
| |
|
05/07/2019
|
3 Bed
|
4 Bath
|
1562 ft²
|
$849,000
3 Bed
4 Bath
1562 ft²
|
$849,000
05/14/2020
|
Amy Nakos
YOUR CASTLE SUMMIT
| |
|
09/07/2018
|
1 Bed
|
1 Bath
|
639 ft²
|
$419,000
1 Bed
1 Bath
639 ft²
|
$419,000
07/02/2020
|
Amy Nakos
YOUR CASTLE SUMMIT
| |
|
09/07/2018
|
2 Bed
|
2 Bath
|
1069 ft²
|
$659,000
2 Bed
2 Bath
1069 ft²
|
$682,000
+3.49%
06/01/2020
|
Amy Nakos
YOUR CASTLE SUMMIT
| |
|
07/25/2018
|
3 Bed
|
3 Bath
|
1587 ft²
|
$829,000
3 Bed
3 Bath
1587 ft²
|
$870,000
+4.95%
03/16/2020
|
Amy Nakos
YOUR CASTLE SUMMIT
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017