5 Prospect Street
About This Property
The heart of the home is the spacious gourmet kitchen, equipped with granite countertops, wood cabinetry, and a tile backsplash, making it both functional and stylish. The master bedroom suite is a personal retreat, complete w/custom-built Armoire wardrobes & a full bath w/stall shower & floor to ceiling tile. Additional bedrooms offer ample closet space, ensuring personal comfort and privacy. Outside, the fenced backyard is an oasis, featuring a paver patio, an inground pool, and an outdoor kitchen perfect for entertaining or tranquil relaxation. The paver walkway and driveway, along with professional landscaping, enhance the home's curb appeal. This property seamlessly combines sophistication with a warm and welcoming ambiance, making it a truly special place to call home.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Mar 22, 2024 | Listed by Coldwell Banker Realty | $849,900 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017