5 Marbourne Road
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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 |
|---|---|---|---|
| Jul 3, 2024 | Sold | ||
| Sold | |||
| Apr 25, 2024 | In contract | - | |
| In contract | |||
| Apr 24, 2024 | Relisted | $649,999 | |
| Relisted | |||
| Apr 20, 2024 | In contract | - | |
| In contract | |||
| Apr 10, 2024 | Listed by Compass Greater NY LLC | $649,999 | |
| Listed by Compass Greater NY LLC | |||
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Welcome to this meticulously maintained and thoughtfully updated 3 bedroom 1.5 bath split offering both style and functionality! New hardwood floors, hi hat lighting, some new windows and an updated roof are just some of the features in this superb home! White eat in kitchen with updated stainless steel appliances is adjacent to the spacious formal dining room perfect for family dinners or holiday gatherings! Modern baths on 2 different levels add convenience.Den has a side door to a patio perfect for those summer bbqs.Newly renovated recreation space on the lower level adds great space for crafting,play room or that extra tv room you have been hoping for the big games!The PVC fenced yard surrounds the lush private yard with fire pit! Don't miss this opportunity to own the home you always dreamed of located in the Plainedge School district. Close proximity to parks, shopping and major highways for all your conviences! Taxes have been succcessfully grieved!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017