265 Road 5109
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%.
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 |
|---|---|---|---|
| Feb 20, 2025 | Sold | ||
| Sold | |||
| Jan 29, 2025 | In contract | - | |
| In contract | |||
| Jan 15, 2025 | No longer available | - | |
| No longer available | |||
| Jan 14, 2025 | Listed by The Larios Home Group | $290,000 | |
| Listed by The Larios Home Group | |||
| | |||
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This newly constructed home, situated on a large lot, offers 4 spacious bedrooms, 2.5 modern baths, and an abundance of natural light streaming through large windows in every room. The inviting front and back porches provide perfect spaces for relaxation and outdoor enjoyment. The extended driveway accommodates extra parking, ideal for commercial vehicles, and there is convenient side access to the backyard. Inside, the home features an open-concept layout with living areas that seamlessly connect to a large, well-appointed kitchen. The kitchen boasts plentiful cabinetry for storage and flows effortlessly into the dining room, creating an ideal setting for family gatherings and entertaining. This home combines style, functionality, and practicality, making it perfect for families and professionals alike. Per seller there are no restrictions, never flooded and flood insurance not required. Schedule your showing. Buyers to independently verify all information.
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| Dec 16, 2024 | Relisted | $299,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017