904 E Mcdevitt Avenue #CC3
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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 |
|---|---|---|---|
| Jun 30, 2023 | Sold | ||
| Sold | |||
| Jun 9, 2023 | Listed by HOWARD HANNA REAL ESTATE SERVI | $45,000 | |
| Listed by HOWARD HANNA REAL ESTATE SERVI | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/09/2023
|
1 Bed
|
1 Bath
|
660 ft²
|
$45,000
1 Bed
1 Bath
660 ft²
|
$46,250
+2.78%
06/30/2023
|
GEORGE PIERSON
Home 1st Real Estate
| |
|
09/28/2022
|
1 Bed
|
1 Bath
|
649 ft²
|
$35,000
1 Bed
1 Bath
649 ft²
|
$37,000
+5.71%
10/18/2022
|
BRETT MILES
C-21 Affiliated - Jackson
| |
|
02/27/2019
| |
1 Bed
|
1 Bath
|
646 ft²
|
$35,000
1 Bed
1 Bath
646 ft²
|
$35,000
07/26/2019
|
GEORGE PIERSON
HOWARD HANNA REAL ESTATE SERVI
|
|
03/06/2017
| |
1 Bed
|
1 Bath
|
649 ft²
|
$39,900
1 Bed
1 Bath
649 ft²
|
$37,000
-7.27%
07/28/2017
|
EDWARD KERLEY
EXIT REALTY 1ST LLC
|
|
08/01/2016
|
1 Bed
|
1 Bath
|
649 ft²
|
$44,900
1 Bed
1 Bath
649 ft²
|
$38,000
-15.37%
11/14/2016
|
RHONDA APPLEGATE
RE/MAX MID-MICHIGAN R.E.
| |
|
10/03/2011
|
1 Bed
|
1 Bath
|
600 ft²
|
$25,900
1 Bed
1 Bath
600 ft²
|
$17,000
-34.36%
01/17/2012
|
Rick Roth
CENTURY 21 Affiliated
| |
|
10/03/2011
|
1 Bed
|
1 Bath
|
600 ft²
|
$22,500
1 Bed
1 Bath
600 ft²
|
$15,000
-33.33%
01/12/2012
|
Rick Roth
CENTURY 21 Affiliated
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017