5 Mckay 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 |
|---|---|---|---|
| Feb 22, 2023 | Sold | ||
| Sold | |||
| Nov 22, 2022 | Listed by Century 21 McLennan & Company | $485,000 | |
| Listed by Century 21 McLennan & Company | |||
| May 8, 2020 | Sold | ||
| Sold | |||
| Feb 7, 2020 | Listed by Century 21 McLennan & Company | $349,900 | |
| Listed by Century 21 McLennan & Company | |||
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Location! Location! Hampton Beach, named as one of the best beach communities in the country. This property is perfectly located, on a dead end street, only a three minute walk to the water, offers easy exit from the beach to major highways, is not in a flood zone and has off street parking for 5 cars. This cottage has been in the same family since 1933 and while it has been used as a summer home, it does have municipal water, sewer, and gas for year round conversion. This charming 5 room cottage is surrounded by well kept homes and offer a quiet setting. Original hardwood flooring, new windows, young roof and attic for future expansion are some of the amenities. If you have been waiting for the "right" location, do not miss out!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017