9649 Montelanico LOOP #201
About This Property
The manager has listed the unit size as 2393 square feet.
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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 7, 2024 | No longer available | - | |
| No longer available | |||
| Feb 23, 2024 | In contract | - | |
| In contract | |||
| Feb 15, 2024 | Listed | $925,000 | |
| Listed | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Feb 24, 2021 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/29/2024
|
2 Bed
|
3 Bath
|
1956 ft²
|
$915,000
2 Bed
3 Bath
1956 ft²
|
$905,000
-1.09%
08/09/2024
|
Jeffrey Brady
Berkshire Hathaway FL Realty
| |
|
02/15/2024
|
3 Bed
|
3 Bath
|
2393 ft²
|
$925,000
3 Bed
3 Bath
2393 ft²
|
-
-
|
Chris Lecca, PA
Downing Frye Realty Inc.
| |
|
04/10/2023
|
3 Bed
|
3 Bath
|
2393 ft²
|
$899,900
3 Bed
3 Bath
2393 ft²
|
$899,900
05/26/2023
|
Chris Lecca, PA
William Raveis Real Estate
| |
|
02/01/2021
|
3 Bed
|
3 Bath
|
2393 ft²
|
$579,000
3 Bed
3 Bath
2393 ft²
|
-
-
|
-
| |
|
04/29/2020
|
3 Bed
|
3 Bath
|
2393 ft²
|
$495,000
3 Bed
3 Bath
2393 ft²
|
-
-
|
-
|
Building Info
About Urban Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017