5 Sullivan Way
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 |
|---|---|---|---|
| May 21, 2024 | Sold | ||
| Sold | |||
| Mar 23, 2024 | In contract | - | |
| In contract | |||
| Mar 21, 2024 | Listed by Joe Bean Real Estate | $999,900 | |
| Listed by Joe Bean Real Estate | |||
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Great cul-de-sac location for this for this large colonial w/ many updates. New 2020 Kitchen w/ white quartz counters & stainless steel appliances. 2 car attached garage w/ automatic doors. Open concept first floor. Wood burning fireplace. New 5 inch Bellawood red oak hardwood floors. Central air. High 9 foot ceilings. Recessed lighting. Options for home offices & bedrooms on all 3 levels. This home could easily be 6 bedrooms. Natural gas heat furnace, cook top and oversized 75 gallon gas hot water heater. Central vacuum. Lawn irrigation. Rear composite deck off kitchen for back yard grilling. Private masonry area for future outside hot tub. Cul-de-sac has sidewalks & underground utilities. Near Blue Hills Reservation trails & ski area, playground, Hansen Elementary School, skating rink, Blue Hills Regional Technical High School & Massasoit Community College. Any/all offers presented Monday March 25, 2024 at 3:00 PM. Seller reserves the right to accept an offer at anytime.
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| Aug 29, 2019 | Sold | ||
| Sold | |||
| Jul 10, 2019 | Listed by Joe Bean Real Estate | $749,900 | |
| Listed by Joe Bean Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017