5 Florence 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 |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Mar 25, 2024 | In contract | - | |
| In contract | |||
| Mar 20, 2024 | Price Decreased |
$600,000
↓ $35K
(5.5%) | |
| Price Decreased | |||
| Mar 8, 2024 | Price Decreased |
$635,000
↓ $15K
(2.3%) | |
| Price Decreased | |||
| Feb 19, 2024 | Listed by Keller Williams Realty | $650,000 | |
| Listed by Keller Williams Realty | |||
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Showings Begin Now. Nestled in the picturesque town of Bourne, this newly tastefully renovated cape-style home is move-in ready and a great opportunity to use it as an investment property now or in the future. New renovations include a beautiful kitchen with butcher block countertops, a tiled backsplash, and stainless-steel appliances. Two new full bathrooms, new flooring, lighting, triple-pane windows, updated plumbing, and freshly painted inside and out. The living room offers a brick fireplace and hardwood floors that flow into the two first-floor bedrooms. Master suite on the second floor with a bonus area to be used any way you’d like. The full basement is open with high ceilings which would make for a great finished room or rooms for more living space. The yard is fenced and has an oversized 2 car detached garage and plenty of off-street parking. Located on a side street, .2 miles to Eel Pond, and 1.6 miles from Monument Beach and the Monument Beach Marina.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017