8901 Random Road #111
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 |
|---|---|---|---|
| Feb 24, 2020 | Sold | ||
| Sold | |||
| Oct 25, 2019 | Listed by Keller Williams Realty FtWorth | $305,000 | |
| Listed by Keller Williams Realty FtWorth | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/25/2022
|
3 Bed
|
3 Bath
|
2286 ft²
|
$579,000
3 Bed
3 Bath
2286 ft²
|
-
-
|
Amy Chairez
Compass RE Texas, LLC
| |
|
08/04/2022
|
2 Bed
|
1 Bath
|
1586 ft²
|
$369,000
2 Bed
1 Bath
1586 ft²
|
$350,000
-5.15%
09/20/2022
|
Vikki York
Keller Williams - Fort Worth
| |
|
11/29/2019
|
2 Bed
|
1 Bath
|
1586 ft²
|
$234,900
2 Bed
1 Bath
1586 ft²
|
$232,000
-1.23%
05/08/2020
|
Brandi Allison
Hoyt Real Estate
| |
|
10/25/2019
|
3 Bed
|
1 Bath
|
1978 ft²
|
$305,000
3 Bed
1 Bath
1978 ft²
|
$295,000
-3.28%
02/24/2020
|
Vikki York
Keller Williams - Fort Worth
| |
|
09/06/2018
| |
Studio
|
-
|
-
|
-
Studio
-
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017