9-13 Sutherland Rd #2
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 3, 2024 | Sold | ||
| Sold | |||
| Nov 11, 2023 | In contract | - | |
| In contract | |||
| Nov 6, 2023 | Price Decreased |
$625,000
↓ $25K
(3.9%) | |
| Price Decreased | |||
| Oct 16, 2023 | Price Decreased |
$650,000
↓ $25K
(3.7%) | |
| Price Decreased | |||
| Oct 2, 2023 | Price Increased |
$675,000
↑ $50K
(8%) | |
| Price Increased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/12/2023
|
3 Bed
|
2 Bath
|
-
|
$919,000
3 Bed
2 Bath
|
-
-
|
Ella Goren
U-MEGA
| |
|
09/12/2023
|
2 Bed
|
2 Bath
|
1024 ft²
|
$679,000
2 Bed
2 Bath
1024 ft²
|
$627,000
-7.66%
01/03/2024
|
Ella Goren
U-MEGA
| |
|
12/07/2022
| |
4 Bed
|
2 Bath
|
2621 ft²
|
$849,000
4 Bed
2 Bath
2621 ft²
|
$834,000
-1.77%
02/01/2023
|
Ella Goren
U-MEGA
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017