20
Map
705 Mainsail Circle
About This Property
24 hr notice to Tenant . Tenant has 1 year transferrable lease en
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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 |
|---|---|---|---|
| Mar 7, 2025 | Sold | ||
| Sold | |||
| Jul 14, 2024 | Listed by Atlantic Shores ERA Powered | $769,999 | |
| Listed by Atlantic Shores ERA Powered | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/14/2024
| |
2 Bed
|
2 Bath
|
1624 ft²
|
$769,999
2 Bed
2 Bath
1624 ft²
|
$771,000
+0.13%
03/07/2025
|
Dede Amaral
Atlantic Shores ERA Powered
|
Building Info
About The Bluffs
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017