705 Nogal Rd #C9
About This Property
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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 |
|---|---|---|---|
| Apr 11, 2023 | Sold | ||
| Sold | |||
| Apr 10, 2023 | No longer available | - | |
| No longer available | |||
| Mar 4, 2023 | In contract | - | |
| In contract | |||
| Feb 19, 2023 | Price Decreased |
$599,000
↓ $21K
(3.4%) | |
| Price Decreased | |||
| Jan 21, 2023 | Price Increased |
$620,000
↑ $20K
(3.4%) | |
| Price Increased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/21/2024
|
1 Bed
|
1 Bath
|
900 ft²
|
$510,000
1 Bed
1 Bath
900 ft²
|
-
-
|
Craig Denton
Berkshire Hathaway - Vail VLG
| |
|
05/04/2023
|
2 Bed
|
2 Bath
|
1445 ft²
|
$639,000
2 Bed
2 Bath
1445 ft²
|
$620,000
-2.97%
09/13/2023
|
Susan Bryden
eXp Realty, LLC
| |
|
07/13/2022
|
2 Bed
|
2 Bath
|
1387 ft²
|
$625,000
2 Bed
2 Bath
1387 ft²
|
$599,500
-4.08%
10/05/2022
|
Mallie Kingston
Berkshire Hathaway - Eagle Ranch
| |
|
06/29/2022
|
2 Bed
|
2 Bath
|
1309 ft²
|
$630,000
2 Bed
2 Bath
1309 ft²
|
$618,000
-1.90%
10/07/2022
|
TJ Davis
Slifer Smith & Frampton - Eagle
| |
|
06/27/2022
|
1 Bed
|
1 Bath
|
783 ft²
|
$499,000
1 Bed
1 Bath
783 ft²
|
-
-
|
Eric Messmer
Berkshire Hathaway HomeServices Colorado Properties
| |
|
03/28/2022
|
2 Bed
|
2 Bath
|
1221 ft²
|
$564,500
2 Bed
2 Bath
1221 ft²
|
-
-
|
Jennie Longville
Berkshire Hathaway - Edwards
| |
|
07/08/2021
| |
2 Bed
|
2 Bath
|
1296 ft²
|
$499,500
2 Bed
2 Bath
1296 ft²
|
-
-
|
Joanna Kerwin
Engel & Volkers Vail
|
|
10/15/2020
| |
Loft
|
1 Bath
|
716 ft²
|
$256,090
Loft
1 Bath
716 ft²
|
-
-
|
Delfina Darquier
Engel & Volkers Vail Beaver Creek
|
|
07/30/2017
| |
2 Bed
|
2 Bath
|
1445 ft²
|
-
2 Bed
2 Bath
1445 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017