5 Marc Avenue
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 |
|---|---|---|---|
| Sep 19, 2018 | Sold | ||
| Sold | |||
| Aug 25, 2018 | No longer available | - | |
| No longer available | |||
| Aug 22, 2018 | Relisted | $229,900 | |
| Relisted | |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Jun 27, 2018 | Listed by Today Real Estate, Inc. | $229,900 | |
| Listed by Today Real Estate, Inc. | |||
| | |||
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Ranch on nice corner lot. New roof (2 years), new windows (except 2) - (1 year). Home was converted to Gas within past 10 years. Home needs updating. Great price! Taxes may very due to use of property. Buyer/Buyer Agent should confirm all information. Easy to show. Seller will be installing a brand new 3 Bed Septic!!!!
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Address: 335 Madison Avenue, New York, NY 10017