5 Vineyard View Lane #642
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 30, 2020 | Sold | ||
| Sold | |||
| Mar 5, 2020 | Listed by New Seabury Sotheby's International Realty | $475,000 | |
| Listed by New Seabury Sotheby's International Realty | |||
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Deeded beach rights from this detached cottage offering ocean views, low condo fees and beautifully maintained. Easy one-level living in this quaint Nantucket style cottage in beautiful condition and great rental history. Open kitchen with butcher block bar counter open to large dining area and sitting room. Recently completely renovated exterior with new roof, siding, windows & skylights. Outside enclosed shower and storage shed. Low condo fees include Insurance on building, landscaping & trash pick-up. Ocean views and beautiful pine flooring, laundry closet & large linen closet. Spacious brick patio and ocean views from most rooms & corner, private setting. A must see!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/05/2020
|
2 Bed
|
1 Bath
|
634 ft²
|
$475,000
2 Bed
1 Bath
634 ft²
|
$475,000
07/30/2020
|
Thalia Logan
New Seabury Sotheby's International Realty
| |
|
09/24/2019
| |
2 Bed
|
1 Bath
|
634 ft²
|
$495,000
2 Bed
1 Bath
634 ft²
|
$475,000
-4.04%
07/30/2020
|
Thalia J Logan
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017