8928 STEVEN Drive #1E
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 |
|---|---|---|---|---|---|---|---|
|
03/18/2025
|
2 Bed
|
1 Bath
|
-
|
$210,000
2 Bed
1 Bath
|
-
-
|
Cecille Plurad
RE/MAX House of Real Estate
| |
|
05/20/2025
|
2 Bed
|
1 Bath
|
850 ft²
|
$169,900
2 Bed
1 Bath
850 ft²
|
$170,000
+0.06%
06/18/2025
|
Kiki Chagleva
Home Realty Group, Inc
| |
|
10/15/2023
|
1 Bed
|
1 Bath
|
700 ft²
|
$135,900
1 Bed
1 Bath
700 ft²
|
$136,500
+0.44%
12/01/2023
|
Greg Martin
Coldwell Banker Realty
| |
|
05/17/2023
|
1 Bed
|
1 Bath
|
700 ft²
|
$115,900
1 Bed
1 Bath
700 ft²
|
$115,000
-0.78%
06/28/2023
|
Greg Martin
Coldwell Banker Realty
| |
|
11/23/2021
|
1 Bed
|
1 Bath
|
750 ft²
|
$109,900
1 Bed
1 Bath
750 ft²
|
$107,000
-2.64%
03/17/2022
|
Val Napadov
Villager Realty
| |
|
04/09/2017
|
2 Bed
|
1 Bath
|
-
|
$119,900
2 Bed
1 Bath
|
$112,000
-6.59%
05/12/2017
|
Tim Seiwert
Weichert, Realtors - All Pro
| |
|
10/04/2007
|
2 Bed
|
1 Bath
|
-
|
$116,900
2 Bed
1 Bath
|
$105,000
-10.18%
11/16/2007
|
Arthur Cirignani
Chicago Realty Partners, Ltd
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017