5 Cross 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 25, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $225,000 | |
| Listed | |||
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This is a 1930's home loaded with charm, character and many updates. The current owner has loved and cared for this house over the years. There has been updated windows, updated heating system, updated hot water storage tank, updated oil tank and it is freshly painted. On the first floor there is a nice entry way, wood stove in the living room, a dining room with built-ins, good size kitchen with a cool nook, full bathroom and two bedrooms. Upstairs you will find a bonus room with a walk-in attic for storage. The yard is beautifully landscaped with a fenced in area and a nice outdoor patio. Enjoy tons of natural light through the many windows. This home has a great location with a park right around the corner and is close to downtown. You will also be thrilled with the 1 car detached garage that was previously a barn. Welcome home!The manager has listed the unit size as 1260 square feet.
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| Jun 13, 2017 | Listed by KW Coastal and Lakes & Mountains Realty | $225,000 | |
| Listed by KW Coastal and Lakes & Mountains Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017