5 McGarrah Road
About This Property
Municipal water, sewer and natural gas make the transition to a more peaceful country setting easy and convenient, while still enjoying the benefits of Village living.
Enjoy the added lifestyle of a private lake community for an HOA fee of just $250 for the entire year, offering lake access, a playground and volleyball area. Bring your kayak, paddleboard or non-motorized boat and make the most of warm-weather days right in your own community. This lovingly cared-for home offers space, valuable updates, a private yard, lake amenities and an excellent Monroe neighborhood setting.
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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 |
|---|---|---|---|
| Aug 28, 2026 | Price Decreased |
$550,000
↓ $25K
(4.4%) | |
| Price Decreased | |||
| Jul 30, 2026 | Listed by Weichert Realtors | $575,000 | |
| Listed by Weichert Realtors | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017