1549 5Th Ave
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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%.
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 |
|---|---|---|---|
| Aug 11, 2026 | Sold | ||
| Sold | |||
| Aug 6, 2026 | Listed by Redfin | $760,000 | |
| Listed by Redfin | |||
| Nov 4, 2025 | Listed | $875,000 | |
| Listed | |||
| | |||
|
Discover your new home in this beautiful four-bedroom, two-bathroom Victorian retreat, perfectly situated in East Lake, with quick access to the serene shores of Lake Merritt and major transportation routes. Step inside and feel the warmth of its history, with original details lovingly preserved. The flexible floor plan provides endless possibilities, including a dedicated upper level complete with a second kitchen. This unique setup is ideal for multi-generational living, a potential Airbnb rental, or a private suite. The large detached two-car garage not only offers ample space for vehicles and storage but also presents a prime opportunity to build an ADU above. This home is a rare find, offering a unique opportunity to own a piece of East Lake's storied past with boundless potential.
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| Oct 10, 2025 | Price Decreased |
$875,000
↓ $23K
(2.6%) | |
| Price Decreased | |||
| Aug 28, 2025 | Listed | $898,000 | |
| Listed | |||
| | |||
|
Discover your new home in this beautiful four-bedroom, two-bathroom Victorian retreat, perfectly situated in East Lake, with quick access to the serene shores of Lake Merritt and major transportation routes. Step inside and feel the warmth of its history, with original details lovingly preserved. The flexible floor plan provides endless possibilities, including a dedicated upper level complete with a second kitchen. This unique setup is ideal for multi-generational living, a potential Airbnb rental, or a private suite. The large detached two-car garage not only offers ample space for vehicles and storage but also presents a prime opportunity to build an ADU above. This home is a rare find, offering a unique opportunity to own a piece of East Lake's storied past with boundless potential.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017