5 Main 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 |
|---|---|---|---|
| Jan 24, 2025 | Sold | ||
| Sold | |||
| Oct 18, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | Listed by Century 21 Tassinari & Assoc. | $455,000 | |
| Listed by Century 21 Tassinari & Assoc. | |||
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Final & Best Offers due Thursday, 10/17 by 3:00pm. Commercial and Residential Mixed-use property with 10-12 parking spaces located on the Kingston/Plymouth Town line! Property was originally built as a single family home then operated as a hair salon and currently an Insurance Company (since 1997). Beautifully updated inside & out! Features & updates include Central air, Natural gas heating (2015), AC heat pump(2015), Roof (2012) ,Town water & Town sewer, maint. free deck & railing out front. classic wide pine flooring, HDWD, 1st floor half bath w/stylish stone counter & tile. Multiple picture windows to bring the natural light in, sliders to deck & stairs to rear of property, fireplace (unknown if working). Epoxy flooring in basement and 1 car garage! Options to convert this back into a single family or continue using in a professional manner! TV in reception area & small frig stay as gifts to buyer. Fantastic high traffic location yet close to beach, train, etc!
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| May 12, 2016 | Sold | ||
| Sold | |||
| Oct 17, 1996 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017