5 Buswell 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 |
|---|---|---|---|
| Sep 3, 2024 | Sold | ||
| Sold | |||
| Aug 2, 2024 | In contract | - | |
| In contract | |||
| Jul 31, 2024 | Listed by Premier Properties | $399,900 | |
| Listed by Premier Properties | |||
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First time this house is on the market. The seller took great care in the construction of this home for a very nice floor plan. Walk into a nice large foyer, then the house goes on from there. The first floor bedrooms are tucked in the back of the house and away from the main area for privacy. With some paint, some updating and a great idea, this house will become a great home for a new owner. The new roof was installed in 2019, the new 2 zone heat was installed in or around 2021 or 2022. Home will not qualify for FHA, house is as is or as seen. Seller will not do any repairs or any clean out. Cash buyers or rehab.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017