90 6th Avenue
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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 2, 2024 | Sold to Mykola Mulyk | $380,000 | |
Sold to Mykola Mulyk | |||
Oct 18, 2023 | In contract | - | |
In contract | |||
Oct 10, 2023 | Price Decreased |
$385,000
↓ $14K
(3.5%) | |
Price Decreased | |||
Sep 23, 2023 | Price Decreased |
$399,000
↓ $31K
(7.2%) | |
Price Decreased | |||
Aug 21, 2023 | Price Decreased |
$429,900
↓ $10K
(2.3%) | |
Price Decreased |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/13/2023
| |
2 Bed
|
1 Bath
|
-
|
$439,900
2 Bed
1 Bath
|
$380,000
-13.62%
01/02/2024
|
Gregg Van Orden
Van Orden Realty
|