706 45th Street #4E
About This Property
The manager has listed the unit size as 500 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 |
|---|---|---|---|
| Jan 16, 2024 | Sold | ||
| Sold | |||
| Nov 1, 2023 | No longer available | - | |
| No longer available | |||
| Sep 14, 2023 | Price Decreased |
$409,000
↓ $9K
(2.2%) | |
| Price Decreased | |||
| Jul 28, 2023 | Price Decreased |
$418,000
↓ $1K
(0.2%) | |
| Price Decreased | |||
| Dec 16, 2022 | Listed | $419,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/25/2024
|
2 Bed
|
1 Bath
|
700 ft²
|
$529,000
2 Bed
1 Bath
700 ft²
|
-
-
|
Anthony Mussolino
Ben Bay Realty Co of Bay Ridge
| |
|
12/16/2022
|
1 Bed
|
1 Bath
|
500 ft²
|
$419,000
1 Bed
1 Bath
500 ft²
|
-
-
|
Anthony Mussolino
Ben Bay Realty Co of Bay Ridge
| |
|
02/02/2022
|
2 Bed
|
1 Bath
|
750 ft²
|
$545,000
2 Bed
1 Bath
750 ft²
|
-
-
|
Yelena Kokirtsev
KOKIRTSEV YELENA
| |
|
04/08/2021
|
2 Bed
|
1 Bath
|
700 ft²
|
$575,000
2 Bed
1 Bath
700 ft²
|
-
-
|
Anthony Mussolino
Ben Bay Realty Co of Bay Ridge
| |
|
08/18/2019
|
2 Bed
|
1 Bath
|
-
|
$489,000
2 Bed
1 Bath
|
-
-
|
Xing Zheng
Lin Pan Realty Group LLC
| |
|
08/06/2018
|
2 Bed
|
1 Bath
|
475 ft²
|
-
2 Bed
1 Bath
475 ft²
|
-
-
|
Shao Yu He
Robert DeFalco Realty, Inc.
| |
|
10/23/2012
|
1 Bed
|
1 Bath
|
470 ft²
|
$145,000
1 Bed
1 Bath
470 ft²
|
$145,000
08/01/2013
|
Piotr Bracichowicz
Corcoran Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017