5 Carl Place
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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 4, 2025 | Sold | ||
| Sold | |||
| Apr 30, 2025 | In contract | - | |
| In contract | |||
| Apr 9, 2025 | Listed by Cronin & Company Real Estate | $325,000 | |
| Listed by Cronin & Company Real Estate | |||
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Welcome home to 5 Carl Place, nestled in the charming Washington Heights neighborhood within the Middletown School District. This lovely residence offers 3 spacious bedrooms and 2 bathrooms, perfect for comfortable living. You'll enjoy a formal dining area for hosting gatherings and a kitchen equipped with plenty of cabinet space for all your culinary needs. The hardwood floors throughout the house add to its charm, complemented by abundant natural light. The finished basement features a bathroom and a convenient laundry area, adding valuable extra space to the home. Outside, the fenced-in backyard provides a private oasis for relaxation or entertaining. Conveniently located, this home is close to public transportation, Garnet Hospital, and an array of local restaurants and shops, making it an ideal spot for both convenience and comfort.
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| Jan 9, 2019 | Sold | ||
| Sold | |||
| Jun 8, 2018 | Listed by William Raveis-New York, LLC | $135,000 | |
| Listed by William Raveis-New York, LLC | |||
Property Highlights
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About Washington Heights
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017