5 Ledge 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 |
|---|---|---|---|
| Nov 14, 2016 | Sold | ||
| Sold | |||
| Jun 27, 2016 | Listed by Coldwell Banker Realty - Winchester | $450,000 | |
| Listed by Coldwell Banker Realty - Winchester | |||
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Perfect starter home in desirable Melrose! Stunning, meticulously kept home boasts a wide array of updates and fine features. Modern kitchen with granite counters and all new stainless steel appliances. Distinctive wide plank pine and cork floors. You'll appreciate the convenience of a flexible 1st floor bedroom, separate laundry room and full bath. Two additional bedrooms and half bath await on the second level. Generous & bright living room/dining room. Spacious deck overlooking the rear yard may be accessed from the kitchen. Newer tankless hot water and heat. Central air conditioning is easy add to forced hot air system. Gorgeous neutral decor, pristine rooms -- there is absolutely nothing to do but add your personal touches. All this atop of lovely landscaped lot with off-street parking for 2 cars, but should you decide to take alternate transportation, the Commuter Rail and bus stops are near by. Superb house! Superb location!
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| Dec 4, 2009 | Sold | ||
| Sold | |||
| Oct 2, 2009 | Listed by RE/MAX Andrew Realty Services | $299,900 | |
| Listed by RE/MAX Andrew Realty Services | |||
| Sep 21, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017