7971 Chase Cir #51
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 |
|---|---|---|---|
| Sep 23, 2026 | Sold | ||
| Sold | |||
| Sep 2, 2026 | In contract | - | |
| In contract | |||
| Aug 27, 2026 | Price Decreased |
$237,000
↓ $11K
(4.4%) | |
| Price Decreased | |||
| Aug 1, 2026 | Price Decreased |
$248,000
↓ $7K
(2.8%) | |
| Price Decreased | |||
| Jul 15, 2026 | Price Decreased |
$255,000
↓ $5K
(1.9%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/08/2022
|
2 Bed
|
1 Bath
|
800 ft²
|
$320,000
2 Bed
1 Bath
800 ft²
|
$327,000
+2.19%
10/13/2022
|
Hana Brownsell
Keller Williams Integrity Real Estate LLC
| |
|
02/12/2021
|
2 Bed
|
1 Bath
|
900 ft²
|
$239,000
2 Bed
1 Bath
900 ft²
|
$255,000
+6.69%
03/16/2021
|
Jake Fajardo
Keller Williams Realty Partners, LLC
| |
|
01/22/2021
|
2 Bed
|
1 Bath
|
800 ft²
|
$262,000
2 Bed
1 Bath
800 ft²
|
$262,000
02/25/2021
|
Deni Niethammer
| |
|
03/16/2016
|
2 Bed
|
1 Bath
|
824 ft²
|
$175,000
2 Bed
1 Bath
824 ft²
|
$177,000
+1.14%
04/20/2016
|
Caryn Geiger
Compass Colorado, LLC - Boulder
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017