5 Prospect Street
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 |
|---|---|---|---|
| Feb 10, 2023 | Sold | ||
| Sold | |||
| Oct 26, 2022 | Listed by RE/MAX Northern Edge | $79,500 | |
| Listed by RE/MAX Northern Edge | |||
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This small New England home offers an eat-in kitchen, nice living room with hardwood floors and a half-bath/laundry room on the first floor. The new hickory kitchen cabinetry is partially installed and needs a countertop. There is a new subfloor ready for your choice of flooring. The electrical and plumbing work needs to be finished in the kitchen. Several dropped ceiling tiles are missing in the kitchen and first floor bath/laundry. The 2nd floor has a large open area with a closet which could serve as your office/den or an open sleeping area. The primary bedroom is spacious and there is a 45 sq. ft. room, ready to be transformed into a full bath. The 2nd floor has all new laminate flooring. The basement is accessed outside through the bulkhead. The driveway is shared with 7 Prospect St, but there is a nice enclosed carport for parking. This could be your residence, vacation get-a-way or commercial office.
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| Apr 1, 2022 | Sold | ||
| Sold | |||
| Oct 30, 2020 | Sold | ||
| Sold | |||
| Sep 3, 2020 | Listed by Lisa Hampton Real Estate | $69,900 | |
| Listed by Lisa Hampton Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017