5 Narrows 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 |
|---|---|---|---|
| Jan 4, 2024 | Sold | ||
| Sold | |||
| Dec 2, 2023 | In contract | - | |
| In contract | |||
| Nov 21, 2023 | Listed by Prospective Realty INC | $399,900 | |
| Listed by Prospective Realty INC | |||
| | |||
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4 Bedroom Cape on a private wooded lot, with large 2 car garage and space above ready to finish! The open living room, dining room, and kitchen, walk out onto a back deck and expansive rear yard, great for entertaining! First floor has 1 bedroom with an updated full bathroom, while the second floor has an additional 3 bedrooms and full bathroom. Wood stoves in the main living as well as the partially finished basement. Yet another half bathroom in the basement level. So much to expand upon and space to make your own!
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| Nov 3, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Oct 30, 2023 | Price Decreased |
$365,000
↓ $25K
(6.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017