5 Executive Dr #5
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%.
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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 |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Sep 27, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | Listed by Lamacchia Realty, Inc. | $525,000 | |
| Listed by Lamacchia Realty, Inc. | |||
| | |||
|
JUST UPDATED!! This charming Vineyard-style end unit, nestled on a cul-de-sac in the sought-after Southport 55+ community, now features BRAND-NEW flooring and FRESH PAINT throughout. Offering one-level living with an open-concept layout, the spacious living room with a cozy fireplace flows effortlessly into a bright dining area with cathedral ceilings and a stunning palladium window. A peaceful three-season porch with BRAND-NEW carpeting provides the perfect spot to unwind. The primary bedroom includes a walk-in closet and a full bath with a stackable washer and dryer for added convenience. The second bedroom offers flexibility, ideal for guests or as a home office. Additional features include an unfinished basement and a one-car garage, offering plenty of storage space. Recent updates such as new heating and cooling systems, flooring, and a deck further elevate the appeal of this home. Experience the perfect combination of comfort, convenience, and vibrant community living!
| |||
| Aug 7, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 9, 2024 | Price Decreased |
$499,000
↓ $26K
(5%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/10/2024
|
2 Bed
|
2 Bath
|
1338 ft²
|
$535,000
2 Bed
2 Bath
1338 ft²
|
-
-
|
Tina Davis Chiruna
Lamacchia Realty, Inc.
| |
|
04/14/2022
|
2 Bed
|
2 Bath
|
1338 ft²
|
$519,000
2 Bed
2 Bath
1338 ft²
|
$550,000
+5.97%
06/03/2022
|
Cynthia Crawford
Kinlin Grover Compass
| |
|
04/14/2022
| |
2 Bed
|
2 Bath
|
1338 ft²
|
$519,000
2 Bed
2 Bath
1338 ft²
|
-
-
|
Cindy Crawford
Kinlin Grover Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017