945 Bancroft #215
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 14, 2025 | Sold | ||
| Sold | |||
| Feb 20, 2025 | In contract | - | |
| In contract | |||
| Feb 20, 2025 | Price Decreased |
$279,000
↓ $30K
(9.7%) | |
| Price Decreased | |||
| Dec 10, 2024 | Listed by Christie's Intl RE Sereno | $309,000 | |
| Listed by Christie's Intl RE Sereno | |||
| May 2, 2018 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/10/2024
|
1 Bed
|
1 Bath
|
570 ft²
|
$309,000
1 Bed
1 Bath
570 ft²
|
$268,000
-13.27%
03/14/2025
|
Lee Ann O'Brien
Christie's Intl RE Sereno
| |
|
09/12/2024
|
2 Bed
|
1 Bath
|
879 ft²
|
$415,000
2 Bed
1 Bath
879 ft²
|
$370,000
-10.84%
11/26/2024
|
Jack Stegner
Twin Oaks Real Estate Inc
| |
|
06/05/2021
|
2 Bed
|
1 Bath
|
879 ft²
|
$349,000
2 Bed
1 Bath
879 ft²
|
$390,000
+11.75%
07/08/2021
|
Rothin Manandhar
| |
|
04/04/2018
|
1 Bed
|
1 Bath
|
570 ft²
|
$255,000
1 Bed
1 Bath
570 ft²
|
$278,000
+9.02%
05/02/2018
|
Rayne Palmer
BHG RE Reliance Partners
| |
|
04/11/2017
|
2 Bed
|
1 Bath
|
879 ft²
|
$299,000
2 Bed
1 Bath
879 ft²
|
$320,000
+7.02%
06/19/2017
|
Francis M. Ho
F A S REALTY INC.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017