706 Constitution Drive #B
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 |
|---|---|---|---|
| Oct 13, 2026 | In contract | - | |
| In contract | |||
| Oct 3, 2026 | Relisted | $425,000 | |
| Relisted | |||
| Sep 16, 2026 | In contract | - | |
| In contract | |||
| Sep 11, 2026 | Listed by Inhabit Real Estate | $425,000 | |
| Listed by Inhabit Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/25/2019
|
3 Bed
|
2 Bath
|
2421 ft²
|
$295,000
3 Bed
2 Bath
2421 ft²
|
$280,000
-5.08%
06/27/2019
|
Jennifer Patterson
Elevation Realty, LLC
| |
|
11/30/2015
| |
3 Bed
|
2 Bath
|
2660 ft²
|
$175,000
3 Bed
2 Bath
2660 ft²
|
$175,000
03/16/2016
|
Janet Breedlove
West and Woodall Real Estate
|
Building Info
- 2 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017