5 Schenk Drive
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 |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Sep 30, 2024 | Listed by Exit Realty Edge | $539,000 | |
| Listed by Exit Realty Edge | |||
| Jun 6, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Apr 25, 2024 | Listed by Exit Realty Edge | $469,000 | |
| Listed by Exit Realty Edge | |||
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Welcome to this charming fixer-upper gem nestled in a serene neighborhood! This home presents an incredible opportunity for buyers looking to add their personal touch and make it their own. With a bit of TLC and updates, this property has the potential to shine like never before. As you step inside, you're greeted by a warm and inviting atmosphere, with ample natural light flooding through the windows. The layout boasts spacious rooms, offering plenty of flexibility to customize the space to your liking. Imagine the possibilities of redesigning the kitchen to create a culinary haven or transforming the living room into a cozy retreat perfect for relaxation and entertaining or an evening by the fire. Outside, the sizable yard provides a blank canvas for landscaping enthusiasts to cultivate their dream garden or create a peaceful outdoor sanctuary. Whether you envision hosting summer barbecues or simply enjoying a quiet morning coffee on the patio, the outdoor space offers endless opportunities for enjoyment. Located in a desirable area with convenient access to schools, parks, and shopping, this home is ideal for buyers seeking a blend of comfort and convenience. Don't miss out on the chance to turn this diamond in the rough into the home of your dreams. With a little imagination and effort, this property has the potential to become the envy of the neighborhood. Don't hesitate to seize this incredible opportunity! Basement has interior and exterior entrances for your convenience. New roof was done on May 7, 2024
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| Mar 15, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017