5 Skellington Road
About This Property
Being sold strictly as-is, this property is a true blank canvas in need of a full renovation. Bring your vision, your tools, and your imagination - the bones are here, the layout works, and the location is unbeatable. Close to schools, shopping, parkways, and the LIRR.
Don't miss this chance to build sweat equity in one of Long Island's most sought-after communities!
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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 23, 2026 | Sold | ||
| Sold | |||
| May 24, 2026 | In contract | - | |
| In contract | |||
| May 18, 2026 | Listed by Your Home Sold Guaranteed Rlty | $750,000 | |
| Listed by Your Home Sold Guaranteed Rlty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017