708 SW 1st Dr #708
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Aug 14, 2025 | Sold | ||
| Sold | |||
| Jul 21, 2025 | In contract | - | |
| In contract | |||
| Jun 6, 2025 | Price Decreased |
$399,000
↓ $40K
(9.1%) | |
| Price Decreased | |||
| May 20, 2025 | Price Decreased |
$439,000
↓ $11K
(2.4%) | |
| Price Decreased | |||
| May 17, 2025 | Price Decreased |
$450,000
↓ $19K
(4.1%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/20/2025
|
3 Bed
|
2 Bath
|
1586 ft²
|
$485,000
3 Bed
2 Bath
1586 ft²
|
$390,000
-19.59%
08/14/2025
|
Gabrielle DiTommaso
ERA Infinity Properties
| |
|
04/08/2023
|
3 Bed
|
3 Bath
|
-
|
$449,000
3 Bed
3 Bath
|
$432,000
-3.79%
05/31/2023
|
Crystal Beatty
RE/MAX Preferred
|
Building Info
About Cypress Plaza
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,990 /mo
- 2 Beds
- 2 Baths
- 1,250 ft²
$3,200 /mo
- 2 Beds
- 2 Baths
- 1,000 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017