727 Esplanade #405
About This Property
The manager has listed the unit size as 1543 square feet.
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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 |
|---|---|---|---|
| Jun 18, 2024 | No longer available | - | |
| No longer available | |||
| May 10, 2024 | In contract | - | |
| In contract | |||
| Apr 24, 2024 | Listed | $2,350,000 | |
| Listed | |||
| Feb 22, 2019 | No longer available | - | |
| No longer available | |||
| Feb 20, 2019 | Relisted | $1,600,000 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/05/2025
|
2 Bed
|
2 Bath
|
1632 ft²
|
$2,400,000
2 Bed
2 Bath
1632 ft²
|
$2,400,000
01/30/2026
|
Scott McKean
Estate Properties
| |
|
02/01/2025
|
2 Bed
|
2 Bath
|
1335 ft²
|
$1,639,000
2 Bed
2 Bath
1335 ft²
|
$1,700,000
+3.72%
03/05/2025
|
Anthony Todora
RE/MAX Estate Properties
| |
|
01/22/2025
|
2 Bed
|
2 Bath
|
1423 ft²
|
$1,649,000
2 Bed
2 Bath
1423 ft²
|
$2,000,000
+21.29%
02/13/2025
|
Stan Liosis
NWRE Brokers
| |
|
04/24/2024
|
2 Bed
|
1.5 Bath
|
1543 ft²
|
$2,350,000
2 Bed
1.5 Bath
1543 ft²
|
-
-
|
Martha Alonso
RE/MAX Estate Properties
| |
|
11/15/2021
|
2 Bed
|
2 Bath
|
1555 ft²
|
$1,849,000
2 Bed
2 Bath
1555 ft²
|
-
-
|
Keith Geller
Realty Network
| |
|
12/22/2018
|
1 Bed
|
1 Bath
|
1270 ft²
|
$1,189,000
1 Bed
1 Bath
1270 ft²
|
$1,180,000
-0.76%
06/21/2019
|
Nikki Lane
Vista Sotheby’s International Realty
| |
|
11/11/2018
|
2 Bed
|
3 Bath
|
1543 ft²
|
$1,600,000
2 Bed
3 Bath
1543 ft²
|
-
-
|
-
| |
|
06/14/2018
| |
2 Bed
|
2 Bath
|
1270 ft²
|
-
2 Bed
2 Bath
1270 ft²
|
-
-
|
-
|
|
06/12/2018
|
2 Bed
|
2 Bath
|
1270 ft²
|
$1,199,000
2 Bed
2 Bath
1270 ft²
|
$1,200,000
+0.08%
07/18/2018
|
Daniel Lemieux
Estate Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017