5 Frances Dr
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 |
|---|---|---|---|
| Jun 20, 2024 | Sold | ||
| Sold | |||
| May 14, 2024 | Listed by Andrew J. Abu Inc., REALTORS® | $1,325,000 | |
| Listed by Andrew J. Abu Inc., REALTORS® | |||
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Impressive & maturely landscaped Fay Acres*Welcome to the youngest gathering of custom homes by respected builder*Pristine beyond belief & Inviting home w/sense of arrival Foyer w/turned stairs*Incredible floor plan made better w/addition of outstanding DELUXE newer finishes*Commodious Kitchen w/oversized newer Quartz island & gleaming granite counters w/upscale Monogram & Thermador SS appliances & large pantry closets open to skylit & vaulted, fireplaced FamRm*1st flr Office w/gorgeous natural cherry built-ins*Well-outfitted laundry w/great storage*Lovely DinRm complemented by wainscoting & signature tray ceiling*Formal LivRm or music room*2nd flr Romantic Primary Suite w/large WI closet & glamorous bath w/vaulted ceiling & skylight over soaking tub & generous vanity w/double sinks*3 other bdrs, full bath, BonusRm & poss. 5th bdrm*Newer bluestone patio w/landscape lighting*Terrific location nestled in the trees*Oversized 3-car garage*Unfin LL w/full-size windows for future expansion.
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| May 30, 1997 | Sold | ||
| Sold | |||
| May 7, 1996 | Listed | $519,900 | |
| Listed | |||
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RE/MAX 1ST CHOICE PRESENTS:FABULOUS FAY ACRES PHASE IV*TONY ABU CUSTOM QUALITY*FLEXIBLE PLANS*HANDMADE TOUCHES*GORGEOUS MOULDINGS*HARDWOOD*CERAMIC*CUSTOM KIT*WOODED LOTS*9'CEILINGS BONUS RM OVER GAR ADDS TO SF*WAITING LIST APPLIES*
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017