5 RESERVE AVE
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 |
|---|---|---|---|
| Jun 30, 2020 | Sold | ||
| Sold | |||
| Jun 5, 2020 | Listed by Key Properties Real Estate | $249,900 | |
| Listed by Key Properties Real Estate | |||
| Aug 5, 2019 | Sold | ||
| Sold | |||
| Jul 11, 2019 | Listed by Shirley Rossi Realty | $110,000 | |
| Listed by Shirley Rossi Realty | |||
| | |||
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The home is situated on a spacious piece of land with a large out building. Property needs total rehab. The type of property is for a contractor or a person who is very handy. Location is near water, dead end street and very deep lot. If you are up for a interesting project this is it. Basement has outside bilco doors there is an enclosed wrap . around sun porch. and a lot of different things that add charm from the yesteryear. It is not a move in home its needs lots of love.
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Property Highlights
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Price/ft²
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About Burlington
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,000 /mo
- 2 Beds
- 2 Baths
- 1 ft²
$2,005 /mo
- 2 Beds
- 2 Baths
- 1,141 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017