85 Purchase St
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 |
|---|---|---|---|
| Sep 6, 2022 | Sold | ||
| Sold | |||
| Jun 2, 2014 | Sold | ||
| Sold | |||
| Mar 17, 2014 | Listed by RE/MAX Advantage 1 | $219,900 | |
| Listed by RE/MAX Advantage 1 | |||
| Apr 1, 2010 | Listed by RE/MAX Advantage 1 | $234,900 | |
| Listed by RE/MAX Advantage 1 | |||
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Terrific 3 bedroom colonial with one full and one half bath*Huge Living room with fireplace and built in cabinet*Large kitchen with new countertops & eating area*Maple hardwoods throughout*Spacious dining room*Updated first floor half bath*Spectacular new full bath with tiled shower & whirlpool tub*OversizedDeck*Updated plumbing and heating*New Roof!*Storage Shed*Excellent location with quick access to highways, schools and shopping*
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| Feb 27, 2010 | Listed | $249,900 | |
| Listed | |||
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Terrific 3 Bedroom colonial with One Full & One Half bath* Huge Living room with Fireplace & Built-in cabinet * Large kitchen with new countertops & eating area* Maple Hardwoods throughout* Spacious dining room* Updated first floor half bath* Spectacular new full bath with tiled shower & whirlpool tub * Oversized Deck* Updated plumbing & Heating* New Roof!* Storage shed* Excellent Location with quick access to highways, schools & shopping*
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Address: 335 Madison Avenue, New York, NY 10017