747 Main Street #2
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 |
|---|---|---|---|
| Jul 28, 2023 | Sold | ||
| Sold | |||
| Jun 24, 2023 | In contract | - | |
| In contract | |||
| Jun 10, 2023 | Price Decreased |
$669,000
↓ $30K
(4.3%) | |
| Price Decreased | |||
| May 16, 2023 | Price Increased |
$699,000
↑ $30K
(4.5%) | |
| Price Increased | |||
| Apr 24, 2023 | Listed by Flow Realty, Inc. | $669,000 | |
| Listed by Flow Realty, Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/24/2023
|
3 Bed
|
3 Bath
|
1970 ft²
|
$729,000
3 Bed
3 Bath
1970 ft²
|
$660,000
-9.47%
07/28/2023
|
Fiona Coxe
Flow Realty, Inc.
| |
|
10/19/2017
|
3 Bed
|
3 Bath
|
2370 ft²
|
$489,900
3 Bed
3 Bath
2370 ft²
|
$480,000
-2.02%
12/22/2017
|
Karen Regan
RE/MAX Platinum
| |
|
04/09/2015
|
3 Bed
|
3 Bath
|
2370 ft²
|
$449,900
3 Bed
3 Bath
2370 ft²
|
$438,500
-2.53%
05/28/2015
|
Karen Regan
RE/MAX Platinum
| |
|
03/20/2014
|
3 Bed
|
3 Bath
|
1970 ft²
|
$429,000
3 Bed
3 Bath
1970 ft²
|
$427,700
-0.30%
04/25/2014
|
Eric Glassoff
Skymax Realty
| |
|
08/05/2010
|
3 Bed
|
2 Bath
|
1970 ft²
|
$389,900
3 Bed
2 Bath
1970 ft²
|
$383,000
-1.77%
01/31/2011
|
Stephen Zaya
Barrett, Chris. J., REALTORS®
| |
|
11/19/2008
|
3 Bed
|
2 Bath
|
1900 ft²
|
$389,900
3 Bed
2 Bath
1900 ft²
|
-
-
|
Stephen Zaya
Barrett, Chris. J., REALTORS®
| |
|
11/18/2008
|
3 Bed
|
2 Bath
|
2201 ft²
|
$379,900
3 Bed
2 Bath
2201 ft²
|
$371,000
-2.34%
12/14/2009
|
Stephen Zaya
Barrett, Chris. J., REALTORS®
| |
|
08/20/2008
|
3 Bed
|
2 Bath
|
2119 ft²
|
$389,900
3 Bed
2 Bath
2119 ft²
|
$385,000
-1.26%
07/30/2009
|
Stephen Zaya
Barrett, Chris. J., REALTORS®
| |
|
05/24/2008
|
3 Bed
|
2 Bath
|
1811 ft²
|
$389,900
3 Bed
2 Bath
1811 ft²
|
$379,500
-2.67%
03/19/2010
|
Stephen Zaya
Barrett, Chris. J., REALTORS®
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017