5 Dodge St
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 10, 2016 | Sold | ||
| Sold | |||
| Jan 4, 2016 | Listed by Vadala Real Estate | $309,000 | |
| Listed by Vadala Real Estate | |||
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Great in town location perched high to capture city and harbor views. This home currently being used as a single family but designed for multi family use with change of zoning with city of Gloucester. Property has two kitchens and two means of egress for both units. Convert for to a multi-family or use the additional space for extended family. Third Party approval required for the sale.
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Address: 335 Madison Avenue, New York, NY 10017