5 Duchess Avenue
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 2, 2023 | No longer available | - | |
| No longer available | |||
| Jun 23, 2023 | In contract | - | |
| In contract | |||
| May 30, 2023 | Listed by Century 21 The Realty Group | $350,000 | |
| Listed by Century 21 The Realty Group | |||
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The home is situated in a well-established neighborhood just minutes from old town Franklinton, offering easy access to shopping, dining, and parks. You will find a spacious front porch area for multiple seating. Upon entrance, there is a beautiful glass storm door to allow additional lighting within the home. The contemporary floor plan is perfect for modern living, with a powder bathroom, (2) coat closets, open kitchen that features granite counters and stainless-steel style appliances, pantry closet, as well as a dining and living area that is ideal for entertaining. White wooden blinds on all windows, Luxury Vinyl Plank throughout first floor and upgraded plush gray carpet (2 yrs old) throughout the second floor. The owner's suite is very spacious, walk-in closet, dual vanity, shower/bath tub combo. Three additional bedrooms and a full bath upstairs. New Ecobee smart touchscreen thermometers located on the 1st & 2nd floor to save energy. 2 car garage and a privacy 6' fence that surrounds the home. Don't miss out on this incredible opportunity to own a gorgeous home in a prime location! The manager has listed the unit size as 1803 square feet.
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| Feb 7, 2019 | Sold | ||
| Sold | |||
| Jul 20, 2018 | Listed by DRB Group North Carolina LLC | $213,963 | |
| Listed by DRB Group North Carolina LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017