8345 Excalibur Circle #M3
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 |
|---|---|---|---|
| Feb 21, 2025 | Sold | ||
| Sold | |||
| Nov 12, 2024 | In contract | - | |
| In contract | |||
| Nov 10, 2024 | Price Decreased |
$825,000
↓ $65K
(7.3%) | |
| Price Decreased | |||
| Oct 19, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 18, 2024 | Listed by John R Wood Properties | $890,000 | |
| Listed by John R Wood Properties | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/27/2025
|
3 Bed
|
3 Bath
|
1896 ft²
|
$1,295,000
3 Bed
3 Bath
1896 ft²
|
$1,225,000
-5.41%
03/28/2025
|
Dave Renner
Premier Sotheby's Int'l Realty
| |
|
06/27/2024
|
2 Bed
|
2 Bath
|
1382 ft²
|
$890,000
2 Bed
2 Bath
1382 ft²
|
-
-
|
Sean Heenan
JOHN R WOOD PROPERTIES
| |
|
04/17/2021
|
2 Bed
|
2 Bath
|
1450 ft²
|
$650,000
2 Bed
2 Bath
1450 ft²
|
-
-
|
Lesley A Garlock
William Raveis Real Estate
| |
|
03/01/2021
|
2 Bed
|
2 Bath
|
1274 ft²
|
$530,000
2 Bed
2 Bath
1274 ft²
|
$485,000
-8.49%
06/23/2021
|
Linda J Reidy, PA
| |
|
01/22/2021
|
3 Bed
|
3 Bath
|
1896 ft²
|
$830,000
3 Bed
3 Bath
1896 ft²
|
$795,000
-4.22%
04/29/2021
|
Sara Weichhand
|
Building Info
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017