9 Benjamin Pl #9
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 |
|---|---|---|---|
| Mar 21, 2025 | Sold | ||
| Sold | |||
| Feb 15, 2025 | In contract | - | |
| In contract | |||
| Jan 28, 2025 | Listed by William Raveis R.E. & Home Services | $1,150,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| Dec 5, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 28, 2024 | Price Decreased |
$1,199,000
↓ $151K
(11.2%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/28/2025
|
2 Bed
|
3 Bath
|
2242 ft²
|
$1,200,000
2 Bed
3 Bath
2242 ft²
|
$1,150,000
-4.17%
03/21/2025
|
Gore Lietzke Group
William Raveis R.E. & Home Services
| |
|
07/30/2024
|
2 Bed
|
3 Bath
|
2242 ft²
|
$1,350,000
2 Bed
3 Bath
2242 ft²
|
-
-
|
Ezra Stillman
Hammond Residential Real Estate
| |
|
08/13/2003
|
2 Bed
|
3 Bath
|
2242 ft²
|
$685,000
2 Bed
3 Bath
2242 ft²
|
$660,000
-3.65%
12/02/2003
|
Susan Mover
Coldwell Banker Residential Brokerage - Brookline
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017