8 Midland Gardens #1J
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%.
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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 |
|---|---|---|---|
| May 31, 2023 | Sold | ||
| Sold | |||
| Apr 12, 2023 | In contract | - | |
| In contract | |||
| Mar 8, 2023 | Price Decreased |
$735,000
↓ $50K
(6.4%) | |
| Price Decreased | |||
| Sep 29, 2022 | Price Decreased |
$785,000
↓ $15K
(1.9%) | |
| Price Decreased | |||
| Aug 8, 2022 | Relisted | $800,000 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/24/2024
|
2 Bed
|
2 Bath
|
1100 ft²
|
$649,000
2 Bed
2 Bath
1100 ft²
|
$649,000
12/11/2024
|
Bridget Staff
Berkshire Hathaway HS NY Prop
| |
|
05/17/2024
|
2 Bed
|
2 Bath
|
1403 ft²
|
$720,000
2 Bed
2 Bath
1403 ft²
|
$700,000
-2.78%
08/29/2024
|
Jamie Abruzzo
Julia B Fee Sothebys Int. Rlty
| |
|
11/01/2023
|
2 Bed
|
2 Bath
|
1100 ft²
|
$599,000
2 Bed
2 Bath
1100 ft²
|
$575,000
-4.01%
06/18/2024
|
Laura Bulfamante
Park Sterling Realty
| |
|
08/30/2023
|
2 Bed
|
2 Bath
|
1100 ft²
|
$689,000
2 Bed
2 Bath
1100 ft²
|
$615,000
-10.74%
05/29/2024
|
Laura C. Redican
Houlihan Lawrence Inc.
| |
|
05/18/2023
|
1 Bed
|
1 Bath
|
1017 ft²
|
$460,000
1 Bed
1 Bath
1017 ft²
|
$420,000
-8.70%
10/13/2023
|
Gay Rosen
Julia B Fee Sothebys Int. Rlty
| |
|
04/12/2023
|
2 Bed
|
2 Bath
|
1100 ft²
|
$675,000
2 Bed
2 Bath
1100 ft²
|
$640,000
-5.19%
06/05/2023
|
Susan Kelty Law
Houlihan Lawrence Inc.
| |
|
07/27/2022
|
2 Bed
|
2 Bath
|
1100 ft²
|
$630,000
2 Bed
2 Bath
1100 ft²
|
$610,000
-3.17%
11/08/2022
|
Leslie Corcoran
Houlihan Lawrence Inc.
| |
|
05/23/2022
|
2 Bed
|
2 Bath
|
-
|
$800,000
2 Bed
2 Bath
|
$710,000
-11.25%
05/31/2023
|
Gay Rosen
Julia B Fee Sothebys Int. Rlty
| |
|
05/23/2022
|
1 Bed
|
1 Bath
|
-
|
$499,000
1 Bed
1 Bath
|
-
-
|
Gay Rosen
Julia B Fee Sothebys Int. Rlty
| |
|
04/12/2022
|
3 Bed
|
3 Bath
|
2517 ft²
|
$1,450,000
3 Bed
3 Bath
2517 ft²
|
-
-
|
Paul Breunich
Julia B Fee Sothebys Int. Rlty
| |
|
02/11/2021
|
2 Bed
|
2 Bath
|
1403 ft²
|
$645,000
2 Bed
2 Bath
1403 ft²
|
$640,000
-0.78%
06/10/2021
|
Donna Olshan
Olshan Group LLC
| |
|
11/29/2020
|
2 Bed
|
2 Bath
|
1017 ft²
|
$529,000
2 Bed
2 Bath
1017 ft²
|
-
-
|
Vili Mirtcheva
Barhite & Holzinger, Inc.
| |
|
02/12/2020
|
2 Bed
|
2 Bath
|
-
|
$649,000
2 Bed
2 Bath
|
$649,000
07/28/2020
|
Jamie Abruzzo
Julia B Fee Sothebys Int. Rlty
| |
|
04/24/2019
|
2 Bed
|
2 Bath
|
1017 ft²
|
$450,000
2 Bed
2 Bath
1017 ft²
|
$430,000
-4.44%
06/02/2020
|
Frances Gwen Bolan
Park Sterling Realty
| |
|
05/09/2018
|
2 Bed
|
2 Bath
|
1150 ft²
|
$725,000
2 Bed
2 Bath
1150 ft²
|
$707,500
-2.41%
08/17/2018
|
Nancy Beers-Nix
Julia B Fee Sothebys Int. Rlty
| |
|
06/02/2017
|
2 Bed
|
2 Bath
|
1250 ft²
|
$635,000
2 Bed
2 Bath
1250 ft²
|
$607,500
-4.33%
08/15/2017
|
Priscilla Toomey
Julia B Fee Sothebys Int. Rlty
| |
|
05/25/2017
|
2 Bed
|
2 Bath
|
1100 ft²
|
$565,000
2 Bed
2 Bath
1100 ft²
|
$590,000
+4.42%
08/29/2017
|
Mary (Pat) Houlihan
Houlihan & O'Malley R. E. Serv
| |
|
04/03/2013
|
2 Bed
|
2 Bath
|
1150 ft²
|
$565,000
2 Bed
2 Bath
1150 ft²
|
$552,500
-2.21%
10/07/2013
|
Nancy Beers-Nix
Julia B Fee Sothebys Int. Rlty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017