84-20 51 Avenue #1A
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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Aug 14, 2024 | Sold | ||
Sold | |||
Jun 7, 2024 | In contract | - | |
In contract | |||
Feb 29, 2024 | Relisted | $200,000 | |
Relisted | |||
Dec 29, 2023 | In contract | - | |
In contract | |||
Nov 28, 2023 | Price Decreased |
$195,000
↓ $5K
(2.5%) | |
Price Decreased |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/16/2024
|
1 Bed
|
1 Bath
|
-
|
$348,000
1 Bed
1 Bath
|
-
-
|
-
|
Jimmy Q Liu
Century 21 Sunshine Realty
| |
04/03/2024
|
1 Bed
|
1 Bath
|
-
|
$199,999
1 Bed
1 Bath
|
-
-
|
-
|
Robert Thornton
Cross Country Realty
| |
06/11/2024
|
1 Bed
|
1 Bath
|
-
|
$329,000
1 Bed
1 Bath
|
$327,000
-0.61%
10/28/2024
|
-
|
Cindy Yu
Voro LLC
| |
06/06/2024
|
Studio
|
1 Bath
|
-
|
$212,000
Studio
1 Bath
|
$198,000
-6.60%
12/03/2024
|
-
|
Ashley Dickens
Trusted Property Advisors Corp
| |
04/24/2024
|
1 Bed
|
1 Bath
|
-
|
$219,000
1 Bed
1 Bath
|
-
-
|
-
|
Valerie Gentile
Signature Premier Properties
| |
02/13/2023
|
Studio
|
1 Bath
|
-
|
$200,000
Studio
1 Bath
|
-
-
|
-
|
Meng Meng
E Realty International Corp
| |
12/12/2022
|
2 Bed
|
1 Bath
|
-
|
$438,888
2 Bed
1 Bath
|
-
-
|
-
|
Xing Zhang
E Realty International Corp
| |
01/09/2023
|
Studio
|
1 Bath
|
-
|
$199,999
Studio
1 Bath
|
-
-
|
-
|
Lina Pinzon
Cross Country Realty
| |
12/14/2022
|
Studio
|
1 Bath
|
-
|
$199,000
Studio
1 Bath
|
$195,000
-2.01%
09/11/2023
|
Ashley Dickens
Trusted Property Advisors Corp
| ||
12/01/2022
|
1 Bed
|
1 Bath
|
-
|
$375,000
1 Bed
1 Bath
|
-
-
|
-
|
Hui Xin Wong
Skynado LLC
| |
08/18/2022
|
Studio
|
1 Bath
|
-
|
$208,000
Studio
1 Bath
|
-
-
|
-
|
Donghua Chen
Winzone Realty Inc
| |
08/08/2022
|
Studio
|
1 Bath
|
-
|
$230,000
Studio
1 Bath
|
-
-
|
-
|
Hai Chen
Winzone Realty Inc
| |
05/17/2022
|
2 Bed
|
1 Bath
|
-
|
$398,000
2 Bed
1 Bath
|
-
-
|
-
|
John T. Wu
City Realty Group
| |
05/06/2022
|
Studio
|
1 Bath
|
-
|
$199,000
Studio
1 Bath
|
-
-
|
-
|
Anne Marie Vasquez
Trusted Property Advisors Corp
| |
03/07/2022
|
Studio
|
1 Bath
|
-
|
$209,000
Studio
1 Bath
|
$205,000
-1.91%
10/04/2022
|
Xia Chen
Chous Realty Group Inc
| ||
12/01/2021
|
Studio
|
1 Bath
|
-
|
$225,000
Studio
1 Bath
|
-
-
|
-
|
Qiong Hua Lin
Chous Realty Group Inc
| |
11/02/2021
|
Studio
|
1 Bath
|
550 ft²
|
$228,000
Studio
1 Bath
550 ft²
|
-
-
|
-
|
John T. Wu
City Realty Group
| |
10/18/2021
|
Studio
|
1 Bath
|
450 ft²
|
$220,000
Studio
1 Bath
450 ft²
|
-
-
|
-
|
Anne Marie Vasquez
Trusted Property Advisors Corp
| |
09/08/2021
|
Studio
|
1 Bath
|
-
|
$215,000
Studio
1 Bath
|
-
-
|
-
|
Sida Zhuoma
Charles Rutenberg Realty, Inc.
| |
10/28/2020
|
Studio
|
1 Bath
|
500 ft²
|
$249,000
Studio
1 Bath
500 ft²
|
-
-
|
-
|
Xiao Pan
Winzone Realty Inc
| |
03/31/2021
|
1 Bed
|
1 Bath
|
750 ft²
|
$368,000
1 Bed
1 Bath
750 ft²
|
-
-
|
-
|
Weirong Jiang
Winzone Realty Inc
| |
03/05/2021
|
Studio
|
1 Bath
|
550 ft²
|
$229,000
Studio
1 Bath
550 ft²
|
-
-
|
-
|
Xia Chen
Chous Realty Group Inc
| |
01/22/2021
|
2 Bed
|
1 Bath
|
-
|
$370,000
2 Bed
1 Bath
|
$328,000
-11.35%
09/23/2021
|
John Wu
City Realty Group
| ||
12/11/2020
|
Studio
|
1 Bath
|
-
|
$215,000
Studio
1 Bath
|
$207,500
-3.49%
01/12/2022
|
-
|
Lionel Leconte
Gavco Realty
| |
08/14/2020
|
Studio
|
1 Bath
|
460 ft²
|
$239,000
Studio
1 Bath
460 ft²
|
-
-
|
-
|
Qiong Hua Lin
Chous Realty Group Inc
| |
08/11/2020
|
Studio
|
1 Bath
|
550 ft²
|
$228,000
Studio
1 Bath
550 ft²
|
-
-
|
-
|
John T. Wu
City Realty Group
| |
07/09/2020
|
Studio
|
1 Bath
|
500 ft²
|
$258,000
Studio
1 Bath
500 ft²
|
-
-
|
-
|
Hai Chen
Winzone Realty Inc
| |
03/08/2020
|
1 Bed
|
1 Bath
|
800 ft²
|
$329,000
1 Bed
1 Bath
800 ft²
|
-
-
|
-
|
Joe Zay
R S V Properties Inc
| |
05/26/2018
|
Studio
|
1 Bath
|
-
|
$218,000
Studio
1 Bath
|
$205,000
-5.96%
02/22/2019
|
-
|
Dayu Li
Chous Realty Group Inc
| |
07/30/2017
| |
Studio
|
1 Bath
|
525 ft²
|
-
Studio
1 Bath
525 ft²
|
-
-
|
-
|
-
|
11/11/2016
|
Studio
|
1 Bath
|
-
|
$169,000
Studio
1 Bath
|
$157,500
-6.80%
05/01/2017
|
King Fung Lam
Fleet Properties Inc
| ||
02/21/2014
|
Studio
|
1 Bath
|
-
|
$145,000
Studio
1 Bath
|
$145,000
07/22/2014
|
- Private -
|
John Wu
RE/MAX City
| |
10/07/2013
|
1 Bed
|
1 Bath
|
-
|
$188,000
1 Bed
1 Bath
|
$178,000
-5.32%
09/02/2014
|
John Wu
RE/MAX City
|
Building Info
- 75 Units
- 3 Units for Sale