5 Middle Street
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 |
|---|---|---|---|
| May 25, 2016 | Sold | ||
| Sold | |||
| Mar 31, 2016 | Listed by Brad Hutchinson Real Estate | $435,000 | |
| Listed by Brad Hutchinson Real Estate | |||
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It's all ready for spring! This CUSTOM RANCH sits on an OVER-SIZED lot that will take you right into SUMMER FUN. The landscaping has just had its professional spring cleanup. Yes, this sprawling home needs today's colors and your favorite flooring, but that gives you IMMEDIATE EQUITY! The LIVING ROOM and DINING AREA have an OPEN CONCEPT, perfect for entertaining. The country-sized KITCHEN has plenty of room for a table or portable island and is packed with WOOD CABINETS. The MAIN FLOOR bedrooms are both good-sized and the MASTER has its own FULL BATH. Even though the third bedroom is in the lower level, it has its own FULL BATH. The FIRST FLOOR FAMILY ROOM is all SLIDERS, and opens to a big PATIO area, which compliments the FENCED YARD. Easy access to Greenwood's Commuter Rail.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017