817 Myrtle Avenue #9
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 |
|---|---|---|---|
| Mar 7, 2025 | Sold | ||
| Sold | |||
| Nov 26, 2024 | Listed by St. Rogers Realty | $725,000 | |
| Listed by St. Rogers Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/26/2024
|
Studio
|
-
|
-
|
$725,000
Studio
-
|
$688,000
-5.10%
03/07/2025
|
Michael Santamaria
Michael Santamaria, REALTOR
| |
|
09/13/2024
| |
Loft
|
-
|
-
|
$775,000
Loft
-
|
-
-
|
Michael Santamaria
Michael Santamaria, REALTOR
|
|
01/07/2024
| |
Studio
|
-
|
-
|
$425,000
Studio
-
|
$380,000
-10.59%
02/02/2024
|
Kenya Alu
eXp Realty, LLC
|
|
02/28/2023
| |
Loft
|
-
|
5573 ft²
|
$575,000
Loft
-
5573 ft²
|
-
-
|
Kenya Alu
eXp Realty, LLC
|
|
10/11/2021
| |
Studio
|
-
|
5573 ft²
|
$595,000
Studio
-
5573 ft²
|
-
-
|
Kenya Alu
eXp Realty, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017