5 STACY DRIVE
About This Property
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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
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 16, 2024 | Sold | ||
| Sold | |||
| Oct 19, 2023 | Listed by KW Coastal and Lakes & Mountains Realty/Rochester | $185,000 | |
| Listed by KW Coastal and Lakes & Mountains Realty/Rochester | |||
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Discover your next project in the form of this charming 2-bedroom, 2-bathroom manufactured home, nestled on a generous 0.47-acre lot of its own land with a two-car garage. This property offers a unique opportunity to create your dream home, combining the tranquility of rural living with the convenience of town nearby. The home is a fixer-upper, awaiting your personal touch and creative design ideas. With some TLC, you can transform it into a cozy haven customized to your liking. The property's outdoor space is a potential oasis, with plenty of room for gardening, outdoor activities, or even potential expansion possibilities. The 2-car garage not only provides shelter for your vehicles but also offers space for your tools, equipment, or hobbies – making it an ideal spot for DIY enthusiasts. The location couldn't be more ideal with quick access to town for shopping, dining, and entertainment. Don't let this fantastic opportunity slip through your fingers. Whether you're an investor searching for a worthwhile project or a homeowner with a vision, this property has the potential to become something truly special. Contact us today to schedule a showing and unlock this homes full potential!
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| Jun 22, 2012 | Sold | ||
| Sold | |||
| Feb 28, 2012 | Listed by Hourihane, Cormier & Assoc | $68,900 | |
| Listed by Hourihane, Cormier & Assoc | |||
| Nov 23, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017