5 Ballard 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 |
|---|---|---|---|
| May 2, 2023 | Sold | ||
| Sold | |||
| Mar 24, 2023 | Listed by KW Coastal and Lakes & Mountains Realty | $750,000 | |
| Listed by KW Coastal and Lakes & Mountains Realty | |||
| | |||
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The essence of this hidden gem can truly not be captured by words or pictures. This freshly updated home boasts water views from virtually every window. The main entrance welcomes you to a bright waterside sitting space complete with a gas fireplace to keep you toasty and a perfectly situated dining area. The open concept kitchen has stainless steel appliances, gas cooking range, soft-close cabinets/ drawers and a window facing breakfast bar. The living room overlooks a stylish outdoor deck perfect for inclusive entertaining. This level also includes two bedrooms with ample closet space as well as a stunning bathroom with a walk-in tiled rain shower. The lower level consists of two bonus rooms, one with a walk-in closet, the other perfect for guests or a home gym, a beach inspired tiled bathroom, barn door enclosed laundry area, and a cozy den with a 100-inch movie screen. There are also two entrances, one leading to the carport and the other to the backyard. The outdoor stone patio area feels like a private oasis with a thoughtfully cultivated garden, and easy to maintain landscaping. If you love beach life, boating, paddle boarding & kayaking this is the location for you with a short walk to Hampton Beach and 150 steps to a neighborhood beach. Timing is everything and the time is yours. Welcome home! This home is not in a flood zone.
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| Jun 23, 2016 | Sold | ||
| Sold | |||
| May 23, 2016 | Listed by KW Coastal and Lakes & Mountains Realty | $279,000 | |
| Listed by KW Coastal and Lakes & Mountains Realty | |||
| Jul 3, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017