8646 Butte Circle #E607
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 |
|---|---|---|---|
| Jan 12, 2026 | Sold | ||
| Sold | |||
| Nov 2, 2025 | In contract | - | |
| In contract | |||
| Oct 24, 2025 | Price Decreased |
$960,000
↓ $15K
(1.5%) | |
| Price Decreased | |||
| Sep 12, 2025 | Listed by Livel Real Estate | $975,000 | |
| Listed by Livel Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/12/2025
|
3 Bed
|
2 Bath
|
1287 ft²
|
$975,000
3 Bed
2 Bath
1287 ft²
|
$960,000
-1.54%
01/12/2026
|
Meital Taub
First Team Real Estate
| |
|
05/15/2025
|
2 Bed
|
2 Bath
|
1072 ft²
|
$815,000
2 Bed
2 Bath
1072 ft²
|
$815,000
07/24/2025
|
Marcial Vidal
RE/MAX Select One
| |
|
03/30/2021
|
3 Bed
|
2 Bath
|
1287 ft²
|
$759,000
3 Bed
2 Bath
1287 ft²
|
-
-
|
Dianne Rector
Keller Williams Realty
| |
|
02/12/2019
|
2 Bed
|
2 Bath
|
1072 ft²
|
$568,000
2 Bed
2 Bath
1072 ft²
|
$560,000
-1.41%
07/01/2019
|
Patricia Vidal
RE/MAX Select One
| |
|
06/11/2018
| |
1 Bed
|
1 Bath
|
810 ft²
|
-
1 Bed
1 Bath
810 ft²
|
-
-
|
-
|
|
03/26/2018
|
1 Bed
|
1 Bath
|
810 ft²
|
$420,000
1 Bed
1 Bath
810 ft²
|
$410,000
-2.38%
06/21/2018
|
Daniel Vidal
RE/MAX Select One
| |
|
01/10/2018
|
3 Bed
|
2 Bath
|
1287 ft²
|
$585,000
3 Bed
2 Bath
1287 ft²
|
$585,000
02/25/2018
|
Dorothy Ables
HomeSmart, Evergreen Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017