5 Sparrow Ln
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 15, 2024 | Sold | ||
| Sold | |||
| Jun 5, 2024 | Listed by LAER Realty Partners | $534,900 | |
| Listed by LAER Realty Partners | |||
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Welcome to 5 Sparrow Lane located in desirable Gardner Park! On the market for the first time in over 60 years – this home is ready for a new owner to make it their own and unlock its full potential. This charming 4-bedroom family home sits on a picturesque ¼ acre lot with mature trees – perfect space for summer BBQs, outdoor fun or relaxing in the screened in porch overlooking the yard. The property features updated kitchen cabinets and counters, two fully remodeled bathrooms, a newer roof, replacement windows, updated electrical as well as a handicapped ramp to main entrance. The first floor offers a primary bedroom, full bath, kitchen, dining room, family room and screened in porch, while the second floor offers three additional bedrooms, another full bath, and a cozy reading nook. Don't miss this rare opportunity to make 5 Sparrow Lane your own! OH Thursday, June 6th 12-1:30, Sat & Sun 11-12:30.
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| Oct 4, 2018 | Sold | ||
| Sold | |||
| Aug 2, 2018 | Listed by LAER Realty Partners | $519,900 | |
| Listed by LAER Realty Partners | |||
| Aug 1, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017