7986 Arly Ct. #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 |
|---|---|---|---|
| Dec 18, 2024 | Sold | ||
| Sold | |||
| Nov 28, 2024 | In contract | - | |
| In contract | |||
| Nov 23, 2024 | Price Decreased |
$530,000
↓ $20K
(3.6%) | |
| Price Decreased | |||
| Oct 7, 2024 | Relisted | $550,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/08/2024
|
2 Bed
|
2 Bath
|
908 ft²
|
$589,000
2 Bed
2 Bath
908 ft²
|
$532,500
-9.59%
12/18/2024
|
Joe Lyons
Coldwell Banker West
| |
|
11/19/2020
|
2 Bed
|
2 Bath
|
945 ft²
|
$369,900
2 Bed
2 Bath
945 ft²
|
-
-
|
-
| |
|
08/15/2019
|
2 Bed
|
1 Bath
|
908 ft²
|
$349,000
2 Bed
1 Bath
908 ft²
|
$345,000
-1.15%
10/04/2019
|
Gary Horton
Signature Realty Network
| |
|
07/04/2018
|
2 Bed
|
1 Bath
|
908 ft²
|
$335,000
2 Bed
1 Bath
908 ft²
|
$340,000
+1.49%
08/15/2018
|
Evan Campbell
Big Block Realty, Inc.
| |
|
03/28/2014
|
2 Bed
|
1 Bath
|
908 ft²
|
$249,000
2 Bed
1 Bath
908 ft²
|
$239,000
-4.02%
05/27/2014
|
Andrew Pheasant
Coldwell Banker West
| |
|
03/04/2014
|
2 Bed
|
2 Bath
|
945 ft²
|
$249,000
2 Bed
2 Bath
945 ft²
|
$247,000
-0.80%
04/07/2014
|
Andrew Pheasant
Coldwell Banker West
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017