5 Flagg St
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 28, 2025 | Sold | ||
| Sold | |||
| Apr 15, 2025 | In contract | - | |
| In contract | |||
| Apr 6, 2025 | Price Decreased |
$849,900
↓ $50K
(5.6%) | |
| Price Decreased | |||
| Mar 26, 2025 | Listed | $899,900 | |
| Listed | |||
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Impeccably renovated colonial in an ultra-walkable downtown location. This three-story home offers tremendous updates throughout and is highlighted by an open concept main living space. Here you’ll be impressed by the gorgeous kitchen with quartz countertops, s/s appliances and center island which opens to the dining area. A mudroom toward the rear offers easy access to the back deck and driveway. The living area also consists of a large living room, a sun filled den and stunning full bath with laundry. The second level boasts 3 bedrooms and a full bath while 2 additional bedrooms encompass the 3rd floor. Enjoy updates which include refinished hardwood flooring, 4/5-year-old roof and updated electric.
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| Aug 14, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017