5 Ferndale Road
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 23, 2023 | Sold | ||
| Sold | |||
| Apr 16, 2023 | No longer available | - | |
| No longer available | |||
| Apr 11, 2023 | Listed by Coldwell Banker Classic Realty | $319,900 | |
| Listed by Coldwell Banker Classic Realty | |||
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Nicely rehabbed 2 bedroom ranch in the sought after Governor's Lake community. Enjoy lake life year round with swimming, fishing, boating, skating, snowshoeing, cross country skiing and more. Home features brand new kitchen with new cabinets, counter tops and stainless steel appliances. Fresh paint, new carpets, new vinyl planking, new heating system, new drywall and more. Upgrades made to plumbing, electrical and insulation. Home was recently upgraded / converted and is no longer classified as seasonal and was also removed from the flood zone. See attached paperwork for more details. OFFER DEADLINE SATURDAY APRIL 15TH AT NOON. PLEASE SUBMIT BEST AND FINAL OFFER PRIOR TO DEADLINE. SELLER RESERVES THE RIGHT TO ACCEPT AN OFFER PRIOR TO DEADLINE.
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| Dec 29, 2022 | Sold | ||
| Sold | |||
| Jul 15, 2022 | Listed by RE/MAX Insight/Manchester | $149,900 | |
| Listed by RE/MAX Insight/Manchester | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017