845 West MONROE Street #1B
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%.
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 |
|---|---|---|---|
| Oct 18, 2023 | Sold | ||
| Sold | |||
| Sep 24, 2023 | No longer available | - | |
| No longer available | |||
| Sep 22, 2023 | Listed | $249,900 | |
| Listed | |||
| | |||
|
SBA POSSIBLE OPPURTUNITY! PRIME RETAIL SPACE IN THE HEART OF WEST LOOP! APPRX 600 SF OF BOUTIQUE SPACE ON GROUND LEVEL WITH GREAT EXPOSURE. CALL TODAY!
| |||
| Jul 21, 2023 | No longer available | - | |
| No longer available | |||
| Jul 19, 2023 | Listed | $219,000 | |
| Listed | |||
| | |||
|
SBA POSSIBLE OPPURTUNITY! PRIME RETAIL SPACE IN THE HEART OF WEST LOOP! APPRX 600 SF OF BOUTIQUE SPACE ON GROUND LEVEL WITH GREAT EXPOSURE. CALL TODAY! The manager has listed the unit size as 600 square feet.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/15/2024
|
Loft
|
-
|
-
|
$249,900
Loft
-
|
$250,000
+0.04%
02/13/2025
|
Yogi Yedlin
Dream Town Realty
| |
|
01/30/2024
|
3 Bed
|
2 Bath
|
1560 ft²
|
$675,000
3 Bed
2 Bath
1560 ft²
|
$682,500
+1.11%
04/12/2024
|
Amber Kardosh
@properties Christie's International Real Estate
| |
|
01/23/2023
|
Loft
|
-
|
600 ft²
|
$249,900
Loft
-
600 ft²
|
-
-
|
Yogi Yedlin
Dream Town Realty
| |
|
02/07/2023
|
2 Bed
|
2 Bath
|
-
|
$399,000
2 Bed
2 Bath
|
$390,000
-2.26%
03/31/2023
|
Hollis Himmelman
@properties Christie's International Real Estate
| |
|
04/19/2021
|
Loft
|
-
|
-
|
-
Loft
-
|
-
-
|
-
| |
|
04/02/2021
|
3 Bed
|
2 Bath
|
1540 ft²
|
$650,000
3 Bed
2 Bath
1540 ft²
|
-
-
|
-
| |
|
03/30/2017
|
2 Bed
|
2 Bath
|
-
|
$650,000
2 Bed
2 Bath
|
$648,000
-0.31%
05/30/2017
|
Douglas Stachowiak
Best Chicago Properties, LLC
| |
|
03/28/2017
|
2 Bed
|
2 Bath
|
1560 ft²
|
$609,000
2 Bed
2 Bath
1560 ft²
|
$602,500
-1.07%
06/14/2017
|
Ashley Dirks
Fathom Realty
| |
|
04/20/2007
|
2 Bed
|
1 Bath
|
-
|
$339,000
2 Bed
1 Bath
|
$355,000
+4.72%
06/27/2007
|
Christina Heotis
Baird & Warner
|
Building Info
About West Side
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017