723 Regency Drive #705
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 |
|---|---|---|---|
| Oct 27, 2014 | Sold | ||
| Sold | |||
| Mar 24, 2013 | Listed by Toll Brothers Real Estate Inc. | $337,995 | |
| Listed by Toll Brothers Real Estate Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/15/2025
| |
1 Bed
|
2 Bath
|
1450 ft²
|
$475,000
1 Bed
2 Bath
1450 ft²
|
$475,000
04/28/2025
|
Natasha Pazdzerskaia
Coldwell Banker Res Brokerage
|
|
03/24/2013
|
1 Bed
|
2 Bath
|
1477 ft²
|
$337,995
1 Bed
2 Bath
1477 ft²
|
$343,565
+1.65%
10/27/2014
|
Katie Todaro
Toll Brothers Real Estate Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017