7 Taft Point #57
About This Property
The manager has listed the unit size as 1545 square feet.
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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 |
|---|---|---|---|
| Dec 23, 2019 | No longer available | - | |
| No longer available | |||
| Oct 22, 2019 | Price Decreased |
$104,000
↓ $3K
(2.8%) | |
| Price Decreased | |||
| Sep 19, 2019 | Price Decreased |
$107,000
↓ $4K
(3.6%) | |
| Price Decreased | |||
| Aug 9, 2019 | Price Decreased |
$111,000
↓ $3K
(2.2%) | |
| Price Decreased | |||
| Jul 8, 2019 | Listed | $113,500 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/17/2026
|
1 Bed
|
1 Bath
|
-
|
$189,900
1 Bed
1 Bath
|
$182,500
-3.90%
06/26/2026
|
William Summa
Newhart Properties, LLC
| |
|
08/21/2025
|
2 Bed
|
1 Bath
|
-
|
$230,000
2 Bed
1 Bath
|
$225,000
-2.17%
11/06/2025
|
Nicholas Greene
KW Legacy Partners
| |
|
07/08/2019
|
2 Bed
|
2 Bath
|
1545 ft²
|
$113,500
2 Bed
2 Bath
1545 ft²
|
-
-
|
-
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017