5 Roman 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 |
|---|---|---|---|
| Jul 8, 2025 | Sold | ||
| Sold | |||
| Jun 5, 2025 | In contract | - | |
| In contract | |||
| May 28, 2025 | Listed | $689,900 | |
| Listed | |||
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Welcome home! This charming 2/3 bedroom Ranch offers comfort, style, and sits on a quiet dead end street. Main level boasts an updated kitchen featuring SS appliances, granite countertops, and a center island perfect for gathering. Formal dining room and living room with fireplace. Spacious bedrooms with ample closet space, a beautifully updated full tiled bath, and gleaming hardwood floors throughout. Enjoy the cozy sunroom that fills with natural light and leads to your oversized 25x15 composite deck overlooking a beautifully landscaped, fully fenced backyard featuring a patio, walkways, and a gazebo that is perfect for relaxing and entertaining. The partially finished lower level includes a full bath and provides incredible flexibility. Use it as a family room, additional sleeping area, home office and more. Additional highlights include a newer furnace, central air, a detached one-car garage with an attached shed, a paved driveway and irrigation system. Move in condition!!
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| Aug 16, 2018 | Sold | ||
| Sold | |||
| Jun 12, 2018 | Listed by Coldwell Banker Residential Brokerage - Lynnfield | $409,900 | |
| Listed by Coldwell Banker Residential Brokerage - Lynnfield | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017