72 Island Path #2
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 |
|---|---|---|---|
| Dec 12, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Dec 11, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Oct 23, 2024 | Listed by Keller Williams Coastal Realty | $1,150,000 | |
| Listed by Keller Williams Coastal Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/23/2024
|
3 Bed
|
2 Bath
|
1840 ft²
|
$1,150,000
3 Bed
2 Bath
1840 ft²
|
-
-
|
Robert Holder
Keller Williams Coastal Realty
| |
|
03/11/2020
| |
Loft
|
-
|
-
|
$162,500
Loft
-
|
$140,000
-13.85%
07/27/2020
|
Robert Holder
Keller Williams Coastal Realty
|
|
12/05/2018
| |
Studio
|
-
|
-
|
$180,000
Studio
-
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017