4277 5th
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 |
|---|---|---|---|
| Dec 18, 2023 | No longer available | - | |
| No longer available | |||
| Dec 15, 2023 | Sold | ||
| Sold | |||
| Oct 8, 2023 | In contract | - | |
| In contract | |||
| Jun 8, 2023 | Listed by Long & Foster Real Estate, Inc. | $3,290,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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A HUGE lot on the desirable Yale Harbor lagoon in the lovely town of Avalon is now available! This unbelievable location has been lovingly maintained and enjoyed by the same family for 44 years. This presents an opportunity to build the house of your dreams! Play in the bay outback or take a stroll to the beach! Settlement must be after mid-August. The 3 bedroom, 2 bath home, built in 1977, as well as the dock area are being sold in AS-IS condition. There is a deed restriction on this lot which states "No structures or buildings, except docks and/or piers, shall be built further than 125' from the Street side of this lot", which still allows, with Avalon setbacks, a 40' x 110' building area for a very large home.DO NOT WALK the lot without an appointment with a realtor; this is a primary residence!!
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| May 29, 2023 | Relisted | $3,290,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017