44
Map
809 Phippen Road #12
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 |
|---|---|---|---|
| Jun 14, 2021 | Sold | ||
| Sold | |||
| Apr 11, 2021 | Listed by EXP Realty LLC | $465,000 | |
| Listed by EXP Realty LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/11/2021
|
5 Bed
|
3 Bath
|
1770 ft²
|
$465,000
5 Bed
3 Bath
1770 ft²
|
$450,000
-3.23%
06/14/2021
|
Share Ross
EXP Realty LLC
| |
|
01/22/2020
| |
Studio
|
-
|
1853 ft²
|
$295,000
Studio
-
1853 ft²
|
-
-
|
Gino Angella
Gino F. Angella, Lic. R.E. Brk
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017