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5016 Star Avenue
About This Property
Located in a little area just East of US1. It is currently a 2 bedroom, 1 bath but has an extra room that could be a 3rd bedroom. This Property needs a Drain field . CASH ONLY!
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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 |
|---|---|---|---|
| Nov 19, 2022 | No longer available | - | |
| No longer available | |||
| Nov 16, 2022 | Sold | ||
| Sold | |||
| Oct 27, 2022 | In contract | - | |
| In contract | |||
| Sep 18, 2022 | No longer available | - | |
| No longer available | |||
| Sep 15, 2022 | Listed by Direct Realty Solutions | $199,900 | |
| Listed by Direct Realty Solutions | |||
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Beautiful single-family house located on a Dead-End Street and zoned for commercial use. Just East of US1!!! 2bedrooms and 1 bath, formal dining room and living room, Eat-in kitchen plus a big family room on the back thatcan be used as a third bedroom!!! Updated bathroom, new kitchen cabinets with granite countertop and stainlesssteel appliances, separate laundry room, all new (5) split system air conditioning; freshly painted; huge backyard.carport for 2 cars plus unpaved parking area!! The manager has listed the unit size as 824 square feet.
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Property Highlights
Building Info
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Price/ft²
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About Indian River Estates
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$10,000 /mo
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- 1,870 ft²
$1,995 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017