847 W Monroe Street #2B
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.
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/16/2025
|
2 Bed
|
2 Bath
|
1150 ft²
|
$475,000
2 Bed
2 Bath
1150 ft²
|
-
-
|
Melissa Siegal
@properties Christie's International Real Estate
| |
|
05/17/2023
|
3 Bed
|
2 Bath
|
2910 ft²
|
$1,099,900
3 Bed
2 Bath
2910 ft²
|
$1,001,000
-8.99%
10/02/2023
|
Armando Chacon
Century 21 S.G.R., Inc.
| |
|
03/09/2023
|
3 Bed
|
2 Bath
|
1596 ft²
|
$699,900
3 Bed
2 Bath
1596 ft²
|
$710,000
+1.44%
04/24/2023
|
Stephanie LoVerde
Baird & Warner
| |
|
04/08/2021
|
2 Bed
|
2 Bath
|
-
|
$439,000
2 Bed
2 Bath
|
$445,000
+1.37%
07/15/2021
|
Sara Linton
Baird & Warner
| |
|
09/04/2018
|
2 Bed
|
2 Bath
|
1150 ft²
|
-
2 Bed
2 Bath
1150 ft²
|
-
-
|
-
| |
|
05/03/2017
|
2 Bed
|
2 Bath
|
1150 ft²
|
$419,000
2 Bed
2 Bath
1150 ft²
|
$437,000
+4.30%
06/02/2017
|
Lee Cherney
Compass
| |
|
05/02/2017
|
1 Bed
|
2 Bath
|
1150 ft²
|
$379,000
1 Bed
2 Bath
1150 ft²
|
$400,000
+5.54%
07/20/2017
|
Deidre Rudich
d'aprile properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017