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5 Michael Rd
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 10, 2010 | Sold | ||
| Sold | |||
| Sep 9, 2010 | Listed by Century 21 North East | $359,900 | |
| Listed by Century 21 North East | |||
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Quick Closing possible! Move in and enjoy large porch and deck leading to in - ground pool. This split entry home features 3 bedrooms, hardwood floors and central air. Country kitchen has vaulted ceiling, skylights, dining area and pella sliders leading to enclosed porch. Lower level bath with jacuzzi tub, family room, bonus room for extra bedroom, work out or office. Home is set on large level lot.
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| Jan 25, 2010 | Listed by Realty World Advantage | $359,900 | |
| Listed by Realty World Advantage | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017