5 Water Street
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%.
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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 | |||
| May 28, 2024 | In contract | - | |
| In contract | |||
| May 10, 2024 | Listed by Keller Williams Upstate NY Properties | $194,999 | |
| Listed by Keller Williams Upstate NY Properties | |||
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This c. 1887 Italianate home in the heart of Worcester effortlessly combines historic charm with contemporary family living. The main floor features a large mudroom & laundry area, a spacious eat-in kitchen with upgraded appliances and lots of storage, a formal dining room, cozy living room, an office/play area, and a newly renovated full bathroom. Upstairs are three bright bedrooms and a half bath. Outside, a wrap-around porch envelops the house, surrounded by perennial gardens and mature trees. The sunny half-acre lot includes a large play-yard featuring a custom-built (and insulated!) treehouse, alongside an outdoor dining area beneath a decorative pergola. A 3-car paver-stone driveway, conveniently located outside the mudroom, is bordered by an abundant batch of strawberry and blueberry bushes. Just steps away from the Solar Bluffs cul-de-sac, this family-friendly neighborhood offers the perfect setting for teaching kids to ride bikes or leisurely strolls.
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| Jul 15, 2014 | Sold | ||
| Sold | |||
| Mar 30, 2010 | Listed by Country Boy Realty | $69,500 | |
| Listed by Country Boy Realty | |||
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A good side street home, and in very good condition, ready for a new family. There is new carpeting & paint in L.R; D.R, and den/office area. Livingroom is full length of the front of the home, and a wrap around porch across front & to side door. While sitting on the porch you can enjoy the rushing sound of the stream across the road. There is a mudroom at the rear entrance, a formal diningroom, and a dry basement. There was a poor condition barn towards the back/left of the yard (in the photo), that has been removed. Tall trees shade the home,while still giving sunlight to the many windows throughout. A great starter home anxious for updating.Priced below assessed value for E-Z sale.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017