708 Park Place #8708
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 |
|---|---|---|---|
| Mar 29, 2004 | Sold | ||
| Sold | |||
| Feb 4, 2004 | Listed by Assist 2 Sell Buyers and Sellers Preferred Realty | $169,900 | |
| Listed by Assist 2 Sell Buyers and Sellers Preferred Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/19/2023
|
2 Bed
|
2 Bath
|
-
|
$299,000
2 Bed
2 Bath
|
-
-
|
Stacy Mafera
Coldwell Banker Realty - Easton
| |
|
06/20/2020
|
2 Bed
|
2 Bath
|
904 ft²
|
$180,000
2 Bed
2 Bath
904 ft²
|
$200,000
+11.11%
08/21/2020
|
Teresa Teixeira
Coldwell Banker Realty - Sharon
| |
|
02/04/2004
|
2 Bed
|
1 Bath
|
925 ft²
|
$169,900
2 Bed
1 Bath
925 ft²
|
$168,000
-1.12%
03/29/2004
|
David Hosford
Assist 2 Sell Buyers and Sellers Preferred Realty
| |
|
04/17/2002
|
1 Bed
|
2 Bath
|
925 ft²
|
$130,000
1 Bed
2 Bath
925 ft²
|
$128,000
-1.54%
06/10/2002
|
Jeffrey Kundicz
J. Michaels Real Estate
| |
|
09/20/2000
|
2 Bed
|
2 Bath
|
925 ft²
|
$94,500
2 Bed
2 Bath
925 ft²
|
$94,500
10/30/2000
|
Sylvia Eighmy
Coldwell Banker Hutchinson
| |
|
06/09/1999
|
2 Bed
|
2 Bath
|
860 ft²
|
$78,900
2 Bed
2 Bath
860 ft²
|
$77,900
-1.27%
09/10/1999
|
Michael Haikal
Michael Haikal Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017