999 INLET CIRCLE #103
About This Property
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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%.
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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 |
|---|---|---|---|
| Jul 21, 2025 | Sold | ||
| Sold | |||
| Jun 24, 2025 | In contract | - | |
| In contract | |||
| Jun 18, 2025 | Listed by MICHAEL SAUNDERS & COMPANY | $375,000 | |
| Listed by MICHAEL SAUNDERS & COMPANY | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/21/2025
|
2 Bed
|
2 Bath
|
1039 ft²
|
$359,000
2 Bed
2 Bath
1039 ft²
|
$335,000
-6.69%
10/17/2025
|
Margaret Kennedy
MICHAEL SAUNDERS & COMPANY
| |
|
07/11/2025
|
2 Bed
|
2 Bath
|
768 ft²
|
$339,000
2 Bed
2 Bath
768 ft²
|
$265,000
-21.83%
04/22/2026
|
Sue Tamberino
AMERICAN REALTY OF VENICE, INC
| |
|
06/18/2025
|
2 Bed
|
2 Bath
|
1039 ft²
|
$375,000
2 Bed
2 Bath
1039 ft²
|
$335,000
-10.67%
07/21/2025
|
Margaret Kennedy
MICHAEL SAUNDERS & COMPANY
| |
|
06/23/2023
|
2 Bed
|
2 Bath
|
1039 ft²
|
$749,500
2 Bed
2 Bath
1039 ft²
|
-
-
|
Melissa Brookes
PARADISE REALTY OF VENICE INC
| |
|
02/24/2023
|
2 Bed
|
2 Bath
|
1039 ft²
|
$795,000
2 Bed
2 Bath
1039 ft²
|
-
-
|
Karla Furry
COLDWELL BANKER REALTY
| |
|
01/17/2023
|
2 Bed
|
2 Bath
|
1039 ft²
|
$750,000
2 Bed
2 Bath
1039 ft²
|
$705,000
-6.00%
02/28/2023
|
Marian Metz
HOMESMART
| |
|
11/05/2020
|
2 Bed
|
2 Bath
|
1039 ft²
|
$579,000
2 Bed
2 Bath
1039 ft²
|
-
-
|
-
| |
|
07/10/2020
|
2 Bed
|
2 Bath
|
1039 ft²
|
$434,900
2 Bed
2 Bath
1039 ft²
|
-
-
|
-
| |
|
06/23/2020
|
2 Bed
|
2 Bath
|
1039 ft²
|
$449,000
2 Bed
2 Bath
1039 ft²
|
-
-
|
-
| |
|
10/02/2019
|
2 Bed
|
2 Bath
|
1039 ft²
|
$439,000
2 Bed
2 Bath
1039 ft²
|
-
-
|
-
| |
|
04/18/2019
|
2 Bed
|
2 Bath
|
1039 ft²
|
$479,000
2 Bed
2 Bath
1039 ft²
|
-
-
|
-
| |
|
11/16/2018
|
2 Bed
|
2 Bath
|
768 ft²
|
$484,900
2 Bed
2 Bath
768 ft²
|
-
-
|
-
| |
|
06/19/2018
| |
2 Bed
|
2 Bath
|
1039 ft²
|
-
2 Bed
2 Bath
1039 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017