5 Reagan Drive
About This Property
Listed By
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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 |
|---|---|---|---|
| Aug 6, 2026 | Price Decreased |
$39,500
↓ $3K
(7.1%) | |
| Price Decreased | |||
| Jul 15, 2026 | Listed by Porches and Pastures | $42,500 | |
| Listed by Porches and Pastures | |||
| Feb 14, 2026 | Price Decreased |
$42,500
↓ $4K
(8.6%) | |
| Price Decreased | |||
| Oct 22, 2025 | Price Decreased |
$46,500
↓ $500
(1.1%) | |
| Price Decreased | |||
| Jul 16, 2025 | Listed by Porches and Pastures | $47,000 | |
| Listed by Porches and Pastures | |||
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DREAM IT, BUILD IT…YOUR NEXT CHAPTER STARTS HERE! Welcome to Staton Landing, a new and vibrant development at Lake Eufaula designed for those eager to create, unwind, and embrace the joys of lake life. Here, you’ll find generous vacant lots that serve as a blank canvas for your dreams. Whether you envision a custom-designed barndominium, a cozy full-time residence brimming with personal touches, or a charming weekend retreat perfect for escaping the hustle and bustle of everyday life, Staton Landing offers the perfect setting. Imagine living just a stone's throw away from Nine Marina, where you can easily launch your boat and enjoy exhilarating days on the water. The stunning sandy beaches along Lake Eufaula await, offering endless opportunities for swimming, sunbathing, or simply soaking in the natural beauty. With easy access to delightful lakeside dining options, unique boutique shopping experiences, and a variety of local entertainment venues, everything you adore about lake living is right at your fingertips. Each lot offers ample space and flexibility, enabling you to bring your vision to life and create the home of your dreams. Whether you’re seeking a peaceful personal sanctuary, a savvy investment opportunity to capitalize on the growing demand for lakefront properties, or a forever home where you can create cherished memories with family and friends, Staton Landing is where your journey begins. Join our vibrant, growing community and experience the unique magic of LAKE LIFE! Contact us today to schedule your private tour and start turning your dreams into reality!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017