7516 Northcrest Blvd #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 |
|---|---|---|---|
| Nov 6, 2025 | In contract | - | |
| In contract | |||
| Oct 18, 2025 | Price Decreased |
$400,000
↓ $40K
(9.1%) | |
| Price Decreased | |||
| Sep 30, 2025 | Price Decreased |
$440,000
↓ $8K
(1.8%) | |
| Price Decreased | |||
| Sep 13, 2025 | Price Decreased |
$448,000
↓ $1K
(0.2%) | |
| Price Decreased | |||
| Jul 17, 2025 | Price Decreased |
$449,000
↓ $26K
(5.5%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/17/2025
|
2 Bed
|
2 Bath
|
1100 ft²
|
$495,000
2 Bed
2 Bath
1100 ft²
|
$400,000
-19.19%
06/17/2025
|
Soud Twal
Keller Williams - Austin SW
| |
|
06/17/2025
|
3 Bed
|
3 Bath
|
1935 ft²
|
$799,000
3 Bed
3 Bath
1935 ft²
|
$749,000
-6.26%
06/17/2025
|
Soud Twal
Keller Williams - Austin SW
| |
|
03/28/2025
|
2 Bed
|
2 Bath
|
1100 ft²
|
$650,000
2 Bed
2 Bath
1100 ft²
|
-
-
|
Soud Twal
Keller Williams - Austin SW
| |
|
03/28/2025
|
3 Bed
|
3 Bath
|
1935 ft²
|
$950,000
3 Bed
3 Bath
1935 ft²
|
-
-
|
Soud Twal
Keller Williams - Austin SW
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017