5 Ionia Street
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 |
|---|---|---|---|
| Jun 25, 2025 | Sold | ||
| Sold | |||
| May 14, 2025 | In contract | - | |
| In contract | |||
| May 7, 2025 | Listed | $1,499,000 | |
| Listed | |||
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Located in Auburndale, this renovated center-entrance Colonial-style residence, with three bedrooms and one and one-half bathrooms, offers abundant natura light, classic detailing, and modern amenities. An enclosed front porch unfolds into a living room with wood-burning fireplace and adjoining screened-in porch with views of the landscaped gardens. The updated kitchen, which is open to the dining room, is appointed with semi-custom cabinets, Quartz countertops, stainless steel appliances, gas range, island, oversized picture window with pretty views, and entrance to a paved patio. The second level is comprised of two good size bedrooms, bathroom, and lovely primary bedroom with two closets. The finished basement has built-ins and 2 additional rooms for laundry and utility. Additional features: newer heating system, newer mix of central air & mini splits, two-car detached garage with additional parking. Short distance to Auburndale Plaza with commuter rail station, shops, and markets.
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| Jul 11, 2016 | Sold | ||
| Sold | |||
| Apr 27, 2016 | Listed by Hammond Residential R. E. | $829,000 | |
| Listed by Hammond Residential R. E. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017