5 Phillip Drive
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 18, 2026 | Sold | ||
| Sold | |||
| Aug 6, 2026 | In contract | - | |
| In contract | |||
| Jul 22, 2026 | Listed by EXP Realty | $975,000 | |
| Listed by EXP Realty | |||
| Jun 6, 2023 | Sold | ||
| Sold | |||
| Feb 9, 2023 | Listed by REALMART REALTY LLC | $849,000 | |
| Listed by REALMART REALTY LLC | |||
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Welcome home to this East-facing, spacious, full brick, ranch home measuring over 3100 sf of living space. Nestled on a .5 acre lot, the house is completely renovated to give a modern feel. Brand new kitchen with all new cabinets, new Refrigerator, Dishwasher, oven, microwave, countertop, island, all new basement starting from framing to walls, all 3 bathrooms renovated, brand new HVAC, modern floorings, better layout with added pantry, all electricals and hardwares updated, recessed lights added for modern look, completely professionally painted, hot water heater is brand new, hot water boiler (2007), updated electrical panel(2007), roof replaced (2009), full basement w/fireplace offers potential living space and an oversized 2 car garage for additional storage, double sided wood fireplace, cedar closet in master bedroom, large wrap around patio overlooking the huge yard, great for entertaining. Great schools systems, schools are MLK, JAMS, JP Stevens. Conveniently located to all major roadways, short distance to train stations, shopping, restaurants and retail stores. Home is being sold as-is.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017