5 Columbia Blvd.
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 |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Oct 2, 2024 | In contract | - | |
| In contract | |||
| Sep 26, 2024 | Listed by Stone Ridge Properties, Inc. | $515,000 | |
| Listed by Stone Ridge Properties, Inc. | |||
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Discover this cozy four bedroom, one bathroom bungalow nestled in a well-established South Peabody neighborhood. This home boasts hardwood floors throughout and a functional layout, with two first floor bedrooms. This is a fantastic opportunity for those looking to add their personal touch, with some cosmetic updates needed to truly make it shine. Located just minutes from the elementary school and with easy access to shopping and major highways, this property ensures a convenient commute and pleasing amenities nearby. The small, manageable backyard is perfect for low-maintenance outdoor enjoyment, whether you're gardening, relaxing, or hosting a summer BBQ. If you're seeking a home with potential in a great location, this bungalow is waiting for you! Please allow 24 hour response time.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017