98 Eastern Ave #403
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 |
|---|---|---|---|
| Sep 18, 2025 | Sold | ||
| Sold | |||
| Aug 11, 2025 | In contract | - | |
| In contract | |||
| Jul 24, 2025 | Relisted | $269,900 | |
| Relisted | |||
| Jun 15, 2025 | In contract | - | |
| In contract | |||
| Jun 12, 2025 | Price Decreased |
$259,900
↓ $10K
(3.7%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/21/2025
|
2 Bed
|
1 Bath
|
1328 ft²
|
$269,900
2 Bed
1 Bath
1328 ft²
|
$259,900
-3.71%
09/18/2025
|
The Optimium Team
eXp Realty LLC - Corporate Office
| |
|
06/23/2022
|
2 Bed
|
2 Bath
|
1328 ft²
|
$189,900
2 Bed
2 Bath
1328 ft²
|
$189,900
08/08/2022
|
Aura Hernandez
eXp Realty
| |
|
06/18/2019
|
2 Bed
|
1 Bath
|
1284 ft²
|
$125,000
2 Bed
1 Bath
1284 ft²
|
$118,000
-5.60%
01/07/2020
|
Judy Ostertag
Select Realty Associates
| |
|
04/02/2019
|
2 Bed
|
2 Bath
|
1328 ft²
|
$135,000
2 Bed
2 Bath
1328 ft²
|
$139,000
+2.96%
06/14/2019
|
Andrew Craig
Keller Williams Realty Greater Worcester
| |
|
02/24/2019
|
2 Bed
|
2 Bath
|
1328 ft²
|
$137,500
2 Bed
2 Bath
1328 ft²
|
$125,000
-9.09%
08/02/2019
|
Aura Hernandez
eXp Realty
| |
|
07/30/2017
| |
2 Bed
|
1.5 Bath
|
1328 ft²
|
-
2 Bed
1.5 Bath
1328 ft²
|
-
-
|
-
|
|
07/01/2014
|
2 Bed
|
2 Bath
|
1284 ft²
|
$64,000
2 Bed
2 Bath
1284 ft²
|
$60,000
-6.25%
09/05/2014
|
Tracy Barber
Real Broker MA, LLC
| |
|
06/24/2014
|
2 Bed
|
1 Bath
|
1284 ft²
|
$37,900
2 Bed
1 Bath
1284 ft²
|
$60,000
+58.31%
09/05/2014
|
Nilton Lisboa
Lisboa Realty
| |
|
04/28/2003
|
2 Bed
|
2 Bath
|
1328 ft²
|
$139,900
2 Bed
2 Bath
1328 ft²
|
$135,000
-3.50%
07/27/2003
|
Robert Brown
RE/MAX Executive Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017