5 Otsego Place
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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 13, 2024 | Sold | ||
| Sold | |||
| Jul 23, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Listed by Eric G Ramsay Jr Assoc LLC | $599,999 | |
| Listed by Eric G Ramsay Jr Assoc LLC | |||
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This private and expanded home features Living room with hardwood open to large EIK. Bright and light expanded room off kitchen, can be used for Dining or Family room, Opens to covered patio with Wet bar in private yard. the Second floor hosts two large bedrooms with wood floor and Full bath, Third bed on private lower level with Den. This home features a one car garage, a full basement, attic storage, new electrical service and much more.... Do not miss out.
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| Jun 20, 2007 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017