1
Map
5 Drummer Rd #3C
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 29, 2005 | Sold | ||
| Sold | |||
| Jun 14, 2005 | Listed | $179,900 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/15/2023
|
2 Bed
|
1 Bath
|
842 ft²
|
$289,000
2 Bed
1 Bath
842 ft²
|
$310,000
+7.27%
12/21/2023
|
Andrea Osbon
Churchill Properties
| |
|
06/22/2021
|
2 Bed
|
1 Bath
|
842 ft²
|
$235,990
2 Bed
1 Bath
842 ft²
|
$256,988
+8.90%
07/21/2021
|
Guozhen Dong
Keller Williams Realty-Merrimack
| |
|
12/03/2013
|
1 Bed
|
1 Bath
|
495 ft²
|
$84,000
1 Bed
1 Bath
495 ft²
|
$79,000
-5.95%
12/27/2013
|
Rosina Harlem
Barrett Sotheby's International Realty
| |
|
06/14/2007
|
2 Bed
|
1 Bath
|
842 ft²
|
$162,000
2 Bed
1 Bath
842 ft²
|
$157,000
-3.09%
12/05/2007
|
Carolyn Geoffrion
Acton Real Estate Co., LLC
| |
|
06/14/2005
|
2 Bed
|
1 Bath
|
842 ft²
|
$179,900
2 Bed
1 Bath
842 ft²
|
$178,000
-1.06%
07/29/2005
|
Laura & Lorna
Coldwell Banker Residential Brokerage - Acton
| |
|
02/12/2004
|
1 Bed
|
1 Bath
|
495 ft²
|
$111,900
1 Bed
1 Bath
495 ft²
|
$111,900
05/26/2004
|
John Wilson
Bella Real Estate
| |
|
04/28/2003
|
2 Bed
|
1 Bath
|
842 ft²
|
$179,500
2 Bed
1 Bath
842 ft²
|
$179,500
06/23/2003
|
Margie King
Re/max Walden Country, Inc.
| |
|
04/03/2002
|
2 Bed
|
1 Bath
|
842 ft²
|
$133,000
2 Bed
1 Bath
842 ft²
|
$128,700
-3.23%
05/30/2002
|
Lisa LePage
Coldwell Banker Residential Brokerage - Acton
| |
|
03/15/1999
|
1 Bed
|
1 Bath
|
495 ft²
|
$57,900
1 Bed
1 Bath
495 ft²
|
$55,500
-4.15%
06/25/1999
|
Pallavi Gandhi
Coldwell Banker Realty - Concord
| |
|
04/17/1998
|
2 Bed
|
1 Bath
|
842 ft²
|
$69,900
2 Bed
1 Bath
842 ft²
|
$67,500
-3.43%
06/15/1998
|
Laura Taylor Desper
Re/max Walden Country, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017