5 Ninth Ave
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 |
|---|---|---|---|
| Jan 8, 2025 | Sold | ||
| Sold | |||
| Apr 8, 2024 | Listed by Gold Key Realty LLC | $759,900 | |
| Listed by Gold Key Realty LLC | |||
| | |||
|
"Investor alert! Prime multi-family opportunity in Onset Village, just steps from the beach! Three units, including one with a private entrance. Ideal floor plans and turnkey condition offer premium rent potential. Large, attached garage with workshop space and ample storage. Plenty of parking with designated spaces for each unit! Large fenced in yard area! Separate utilities, plus town water and town sewer! Perfect for first-time buyers or seasoned investors expanding their portfolio. Two of the three units are currently vacant and are ready to be filled with new tenants for top dollar! New deck installed for unit 1, and brand-new front steps just installed for unit 2&3! Don't miss out on this lucrative long-term investment! - (Zillow is reporting this listing as 5 ninth Ave, Onset. That is the incorrect address, the property address is 5 Ninth ST. Onset)
| |||
| Feb 10, 2022 | Sold | ||
| Sold | |||
| Dec 17, 2021 | Listed by DiVito Realty | $715,000 | |
| Listed by DiVito Realty | |||
| | |||
|
Onset Village ~ Fully rented Multi-family home located steps away from Onset Beach & Onset Village. This three family (3/2/1) home offers much character and plenty of parking. A bonus garage/workshop area plus storage yard offers extra rental income (Unit 4) or potential for home work area. All units offer separate utilities with town water and town sewer. Landlord pays water & sewer. No flood insurance required. Income/Expense will be sent upon request. **ADDRESS is 5 9th Street....Zillow reporting as 5 9th Avenue.
| |||
| Feb 28, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017