2655 Route 5
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 |
|---|---|---|---|
| Jul 28, 2022 | Sold | ||
| Sold | |||
| Jul 6, 2022 | Listed by Century 21 Farm & Forest | $189,000 | |
| Listed by Century 21 Farm & Forest | |||
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Take a look at this almost fully remodeled Derby Farmhouse on 1.28 acres. The large list of recent updates includes roof, siding, insulation, drywall and flooring. The spacious and functional kitchen has quartz countertops and beautiful ceramic tile floors, along with new cabinets and appliances. The kitchen flows into the dining area and living room. A bedroom and custom tiled 3/4 bath complete the first floor. Upstairs are two bedrooms, along with a large bathroom that has been tiled and has a new vanity but needs finishing. There is also a large open & unfinished space that could be finished, if more room is desired. Here's your opportunity to customize this home and make it yours! The oversize 2-stall garage has two new garage doors and a separate storage area. Enjoy views of Derby Pond from the covered porch. Lots of frontage on both Route 5 and Nelson Hill Road and close to shopping, schools, hospital, I-91 and ATV and snowmobile trails.
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| Nov 17, 2017 | Sold | ||
| Sold | |||
| Jul 17, 2017 | Listed by RE/MAX All Seasons Realty - Lyndonville | $79,900 | |
| Listed by RE/MAX All Seasons Realty - Lyndonville | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017