5 Armstrong Drive
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 |
|---|---|---|---|
| Feb 23, 2007 | Sold | ||
| Sold | |||
| Nov 18, 2006 | Listed | $354,900 | |
| Listed | |||
| Jul 11, 2005 | Sold | ||
| Sold | |||
| Jun 11, 2005 | Listed | $420,000 | |
| Listed | |||
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Fabulous 4 bdrm Cape Cod in great nbhd. Custom cherry kitchen w/tiled backsplash open to spacious DR. Fireplaced LR. Hardwoods thruout. Delightful 3 season sunrm off kit. Newer furnace. Some newer windows. CAIR! Brick walkway and steps. Shed, fenced backyard and more add appeal to this charming home. Very pretty rooms.
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| Apr 28, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017