7945 Preserve Circle #511
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 |
|---|---|---|---|
| Dec 31, 2024 | Sold | ||
| Sold | |||
| Dec 3, 2024 | In contract | - | |
| In contract | |||
| Oct 22, 2024 | Listed by Current Property Management | $334,900 | |
| Listed by Current Property Management | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/22/2024
|
3 Bed
|
2 Bath
|
1500 ft²
|
$334,900
3 Bed
2 Bath
1500 ft²
|
$310,000
-7.44%
12/31/2024
|
Josh Yelensky
Current Property Management
| |
|
10/25/2019
|
3 Bed
|
2 Bath
|
1500 ft²
|
$199,000
3 Bed
2 Bath
1500 ft²
|
$180,000
-9.55%
11/27/2019
|
Patricia Ann Moore
| |
|
11/28/2018
|
1 Bed
|
1 Bath
|
845 ft²
|
$135,000
1 Bed
1 Bath
845 ft²
|
-
-
|
-
| |
|
11/26/2018
|
3 Bed
|
2 Bath
|
1500 ft²
|
$239,900
3 Bed
2 Bath
1500 ft²
|
$210,000
-12.46%
03/01/2019
|
Natalia Valdez
|
Building Info
About Urban Estates
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$8,500 /mo
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$9,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017