5 Lewis Ave
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 |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Jul 18, 2024 | In contract | - | |
| In contract | |||
| Jun 26, 2024 | Listed by Keller Williams Realty | $879,900 | |
| Listed by Keller Williams Realty | |||
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Beautiful year round home in sought after location at Salisbury Beach. This home has close proximity to beach access #9 & has views of both the beach & marsh. The first floor is open concept with all HW flooring & crown molding. Features a half bath, large kitchen offers SS appliances, lots of cabinet space, granite counters & island. The dining area/room is perfect for large gatherings & is open to the living room with fireplace. The second floor offers a large main bath with laundry, tub/shower, hardtop vanity & Concretia tile flooring, three bedrooms including the primary bedroom with two walk-in closets, a private deck/balcony with ocean and marsh views, luxury vinyl plank floor, ceiling fan and private bath with Concretia tile walk-in shower and floor. All bedrooms have two closets, ceiling fans & w/w carpet. The third floor offers a fourth bedroom and a large playroom perfect for an exercise area and family entertainment. Other features are central AC, irrigation and fenced yard
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| Dec 4, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Nov 7, 2023 | Price Decreased |
$999,900
↓ $250K
(20%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017