3440 5th Street
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 |
|---|---|---|---|
| Jun 13, 2024 | Sold | ||
| Sold | |||
| May 8, 2024 | In contract | - | |
| In contract | |||
| Apr 23, 2024 | Listed by Ross and Marshall Realty | $225,000 | |
| Listed by Ross and Marshall Realty | |||
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Calling all investors! Priced for Lot value only. The entire lot is 17,860 square feet, per tax records, although it is sectioned into two lots with the same address. There are two non-livable structures on the property. Please drive by only, current residents have numerous dogs. No entry into structures, they are not safe. Includes a carport that could be useable. Could be commercial or residential. No deed restrictions.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017