9869 Caspi Gardens #7
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Dec 1, 2020 | In contract | - | |
| In contract | |||
| Nov 24, 2020 | Relisted | $399,000 | |
| Relisted | |||
| Nov 13, 2020 | In contract | - | |
| In contract | |||
| Nov 7, 2020 | Price Decreased |
$399,000
↓ $16K
(3.9%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/22/2022
|
3 Bed
|
2 Bath
|
1120 ft²
|
$549,000
3 Bed
2 Bath
1120 ft²
|
-
-
|
Christoforos Savvides
SDpremier
| |
|
10/30/2020
|
3 Bed
|
2 Bath
|
1120 ft²
|
$415,000
3 Bed
2 Bath
1120 ft²
|
-
-
|
-
| |
|
03/10/2017
|
2 Bed
|
1 Bath
|
962 ft²
|
$275,000
2 Bed
1 Bath
962 ft²
|
$287,000
+4.36%
04/14/2017
|
Kimo Quance
Keller Williams Realty
| |
|
08/26/2015
|
3 Bed
|
2 Bath
|
1120 ft²
|
$274,000
3 Bed
2 Bath
1120 ft²
|
$274,000
12/04/2015
|
Erica Boss
Broadwater Realty
| |
|
01/24/2015
|
2 Bed
|
1 Bath
|
962 ft²
|
$239,000
2 Bed
1 Bath
962 ft²
|
$235,000
-1.67%
03/11/2015
|
Alma Porras
Big Block Realty, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017