5 Othello 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 |
|---|---|---|---|
| Apr 4, 2024 | Sold | ||
| Sold | |||
| Jan 26, 2024 | In contract | - | |
| In contract | |||
| Jan 15, 2024 | Listed by RE/MAX Prof Associates | $330,000 | |
| Listed by RE/MAX Prof Associates | |||
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Multiple Offer Situation***** Deadline is Tuesday 1/23 at 6 pm*****This lovingly cared for home is being listed with many tears, as it has been in the same family for over 70 years!! First floor features three bedrooms with beautiful hardwoods, one full bath, cozy fireplaced livingroom, and eat-in kitchen make this cozy home ideal to heat and cool. Basement is walk-out and has a ton of potential for finishing. Already has a 3/4 bath and fireplace! One car garage under. Roof is 10 years old. Closed in back porch is ideal for mudroom. Located on a Dead-end road on a maintainable lot. A commuters dream. Minutes to Lake Park, Rt 9, 290, MA Pike. UMass, shopping, and restaurants! First showings are at the Open House Sunday January 21st from noon to 3 p.m. No showings until Open House.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017