1206 S 5TH Street
About This Property
Multi-generational home on 7.05 acres, Farm animals welcome!! Outstanding transformations completed, featuring fresh exterior paint & cedar shake siding giving a modern welcoming look. Inside, unique kitchen island, new appliances, including dual fuel stove/oven, dishwasher, plus distressed tile flooring in kitchen & dining areas. Newly installed true 3/4'' hardwood floors upstairs provide a warm, timeless appeal throughout entire upper level. Boasting 5 spacious bedrooms & 4 full baths, offering 5777 sq.ft. living space, making it an ideal choice for those seeking comfort, functionality, and style! Lower level updated, transitioning half bath as 4th ''full'' bath, brand-new laundry area, including stylish new brick flooring. Converted garage now serves as man cave/workout room + bedroom. Additional space available for in-law suites, office, recreational area with bar or just whatever suits your need!
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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 |
|---|---|---|---|
| Apr 16, 2025 | Sold | ||
| Sold | |||
| Mar 12, 2025 | In contract | - | |
| In contract | |||
| Feb 25, 2025 | Price Decreased |
$699,000
↓ $41K
(5.5%) | |
| Price Decreased | |||
| Jan 26, 2025 | Price Decreased |
$739,900
↓ $20K
(2.6%) | |
| Price Decreased | |||
| Nov 23, 2024 | Listed by UNITED REAL ESTATE GALLERY | $759,900 | |
| Listed by UNITED REAL ESTATE GALLERY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017