5 SEBASTIAN Avenue
About This Property
SELLER FINANCE AVAILABLE WITH THIS PROPERTY AND NEXT DOOR PROPERTY AT 7 SEBASTAIN AVE. !!!
The property is called ''THE BARN'' at 5 Sebastian Ave and is currently an Airbnb. The former warehouse has been made into a beautiful new apt home (studio w/1 bed also with a loft and separate studio apt) - 2 bathrooms and located in the heart of the San Marco historic district. The building is on .16 acre and is 1,196 sq. ft. in size. It is open concept with a loft and a separate studio apt. with separate entrance. Would be great as a In-Law suite ! Lovely shiplap walls, high ceilings and new kitchen. Both bathrooms are brand new and beautifully done. Property is also being sold COMPLETELY FURNISHED ! 200 amp on building
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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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/12/2018
| |
Studio
|
-
|
-
|
$549,000
Studio
-
|
$472,500
-13.93%
02/12/2019
|
D. Roni Heinrich
|
|
07/02/2008
| |
Loft
|
-
|
1196 ft²
|
$195,000
Loft
-
1196 ft²
|
-
-
|
TRAE WOLFE
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
|
|
12/18/2007
| |
Loft
|
-
|
-
|
$225,000
Loft
-
|
-
-
|
TRAE WOLFE
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
|
|
11/10/2006
| |
Loft
|
-
|
-
|
$299,900
Loft
-
|
-
-
|
TRAE WOLFE
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017