711 3rd St #F1
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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/29/2023
| |
2 Bed
|
2 Bath
|
928 ft²
|
$260,000
2 Bed
2 Bath
928 ft²
|
$260,000
09/15/2023
|
Jason Mahoney
C3 Real Estate Solutions, LLC
|
|
06/22/2022
| |
2 Bed
|
2 Bath
|
906 ft²
|
$200,000
2 Bed
2 Bath
906 ft²
|
$230,000
+15.00%
08/31/2022
|
Rose Merkey
RE/MAX Alliance-FTC South
|
|
05/20/2021
|
2 Bed
|
2 Bath
|
928 ft²
|
$199,000
2 Bed
2 Bath
928 ft²
|
$215,000
+8.04%
06/25/2021
|
Melissa Harris
Keller Williams Rlty Partners
| |
|
11/19/2020
|
2 Bed
|
2 Bath
|
928 ft²
|
$215,000
2 Bed
2 Bath
928 ft²
|
$215,000
06/28/2021
|
Melissa Harris
| |
|
05/06/2015
|
2 Bed
|
2 Bath
|
928 ft²
|
$87,500
2 Bed
2 Bath
928 ft²
|
$95,000
+8.57%
06/05/2015
|
Diane Quigley
True Abundance Prop Management
| |
|
10/06/2014
|
2 Bed
|
2 Bath
|
928 ft²
|
$90,500
2 Bed
2 Bath
928 ft²
|
$90,799
+0.33%
01/27/2015
|
Steven Hayes
C3 Real Estate Solutions, LLC
| |
|
04/26/2013
|
2 Bed
|
2 Bath
|
928 ft²
|
$93,000
2 Bed
2 Bath
928 ft²
|
$93,000
06/07/2013
|
Marian Maggi
RE/MAX Town and Country
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017