5 Ely Ave
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 |
|---|---|---|---|
| Oct 18, 2023 | Sold | ||
| Sold | |||
| Sep 7, 2023 | In contract | - | |
| In contract | |||
| Sep 5, 2023 | Listed by Lock and Key Realty Inc. | $359,900 | |
| Listed by Lock and Key Realty Inc. | |||
| Oct 20, 2021 | Sold | ||
| Sold | |||
| Aug 24, 2021 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $249,900 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
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New to market Ranch style home in good shape, can use some updating or live in it just the way it is. Home offers decent size kitchen, lots of cabinets. Gas range and refrigerator remains. Step into dinning area. Good size area to accommodate a large table. This run into very large living room with fire place. Wall to wall carpet. possible hardwood under carpet. There's 1 full bath There are 2 bedrooms, both hardwood, The master bedroom is a good size. The second bedroom is smaller The basement is very large.. A lot of space1364 sqft The basement is dry. Have never been any issues. Lots of potential in this basement. Rec room, work shop ,potential bedroom. House sits on a corner lot. Real nice fenced private yard. Large shade trees. Nice covered patio. The house is dated but everything is functional. Solid built home. Recent work done to chimney, several windows are newer vinyl replacements. I car garage, with entry door on back wall of garage. Sun room off kitchen.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017