728 East 221st Street
About This Property
The manager has listed the unit size as 824 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 |
|---|---|---|---|
| Aug 6, 2018 | No longer available | - | |
| No longer available | |||
| Jun 12, 2018 | Listed | $245,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/18/2021
|
2 Bed
|
2 Bath
|
824 ft²
|
$275,000
2 Bed
2 Bath
824 ft²
|
-
-
|
Haniff Baksh
Besmatch Real Estate
| |
|
12/20/2018
|
2 Bed
|
2 Bath
|
824 ft²
|
$235,000
2 Bed
2 Bath
824 ft²
|
-
-
|
Sharene Long
Besmatch Real Estate
| |
|
06/12/2018
| |
2 Bed
|
2 Bath
|
824 ft²
|
-
2 Bed
2 Bath
824 ft²
|
-
-
|
-
|
|
07/09/2017
| |
2 Bed
|
2 Bath
|
824 ft²
|
-
2 Bed
2 Bath
824 ft²
|
-
-
|
-
|
|
08/15/2017
|
2 Bed
|
1 Bath
|
832 ft²
|
$195,900
2 Bed
1 Bath
832 ft²
|
$187,000
-4.54%
02/07/2018
|
Geubert Oliveira
Weichert Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017