5021 Avocado Avenue
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 |
|---|---|---|---|
| Oct 26, 2022 | Sold | ||
| Sold | |||
| Oct 15, 2022 | Listed by Denovo Realty | $75,000 | |
| Listed by Denovo Realty | |||
| Mar 16, 2021 | Sold | ||
| Sold | |||
| Oct 6, 2020 | Listed by RE/MAX Aerospace Realty | $49,500 | |
| Listed by RE/MAX Aerospace Realty | |||
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1 acre building site with AU Zoning. High and Dry parcel with county drainage easement along the back. Plenty of old growth trees on the lot. Lot is buildable and free of wetlands. Wetland report on documents. Owner will consider financing with 50% down.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017