70 Union Square #70
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 |
|---|---|---|---|
| Nov 6, 2017 | Sold | ||
| Sold | |||
| Jul 21, 2017 | Listed by RE/MAX Way | $329,900 | |
| Listed by RE/MAX Way | |||
| Dec 22, 2009 | Sold | ||
| Sold | |||
| Sep 29, 2009 | Listed by Gerry Abbott REALTORS® | $187,500 | |
| Listed by Gerry Abbott REALTORS® | |||
| | |||
|
PROPERTY SOLD "AS IS" WITH SELLER'S ADDENDUM. BANK OWNED, SELLER HAS NEVER OCCUPIED. $1,000 DEPOSIT AND PREAPPROVAL/PROOF OF FUNDS WITH ALL OFFERS. PLEASE ALLOW 3-5 BUSINESS DAYS FOR RESPONSE ON ALL OFFERS. BUYER WILL PAY $99 DOC FEE TO SELLER AT CLOSING.****PLEASE SEE FIRM REMARKS FOR PREAPPROVAL REQUIREMENTS OF SELLER****
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/30/2017
| |
3 Bed
|
2.5 Bath
|
1488 ft²
|
$340,000
3 Bed
2.5 Bath
1488 ft²
|
$320,000
-5.88%
11/06/2017
|
Tracey Swartz
|
|
07/21/2017
|
3 Bed
|
4 Bath
|
1488 ft²
|
$329,900
3 Bed
4 Bath
1488 ft²
|
$320,000
-3.00%
11/06/2017
|
Guillermo Perez
RE/MAX Way
| |
|
09/29/2009
|
3 Bed
|
4 Bath
|
2544 ft²
|
$187,500
3 Bed
4 Bath
2544 ft²
|
$187,500
12/22/2009
|
Joe Petrocelli
New England Property Solutions
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017