27
Map
8 Fort Ln #8
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jan 15, 2026 | Sold | ||
| Sold | |||
| Dec 11, 2025 | In contract | - | |
| In contract | |||
| Oct 8, 2025 | Price Decreased |
$489,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Sep 25, 2025 | Price Decreased |
$499,000
↓ $26K
(5%) | |
| Price Decreased | |||
| Sep 17, 2025 | Price Decreased |
$525,000
↓ $20K
(3.7%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/08/2025
| |
4 Bed
|
1 Bath
|
1181 ft²
|
$489,000
4 Bed
1 Bath
1181 ft²
|
-
-
|
Michaela Hellman
RE/MAX Unlimited
|
|
08/27/2025
|
4 Bed
|
1 Bath
|
1181 ft²
|
$559,000
4 Bed
1 Bath
1181 ft²
|
$465,000
-16.82%
01/15/2026
|
Michaela Hellman
RE/MAX Unlimited
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017