275 5TH Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| May 16, 2023 | Sold | ||
| Sold | |||
| May 10, 2023 | No longer available | - | |
| No longer available | |||
| Apr 26, 2023 | In contract | - | |
| In contract | |||
| Apr 20, 2023 | Listed by Keller Williams Jacksonville Southside | $1,495,000 | |
| Listed by Keller Williams Jacksonville Southside | |||
| | |||
|
Here's your chance to design/build your dream home on this OVERSIZED 120 x 100 corner lot! Kick back & live the ''good life'' just 1.5 blocks from the BEACH! It's the next best thing to Oceanfront! PRICED AT LOT/LOCATION VALUE, this parcel is ONLY 5 lots off ''the sea & sand'' on one of the most sought-after streets in Old A.B.! It's an easy 4 blk stroll to ''the corner'' for fabulous dining, shopping & lots of fun AND an easy bikeride to ABCC too! The property currently has a classic 1948 brick 3/1 home w/ an in-law studio bonus. You could remove the home or use it as a rental to generate instant income while you design your OWN new home-sweet-home! See SURVEY under documents. Buyer to perform due diligence during inspection period. See MLS#1220983 for photos. See Priv Remarks please.
| |||
| Apr 6, 2023 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | $1,495,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017