5023 Tucson 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 |
|---|---|---|---|
| Feb 10, 2025 | Sold | ||
| Sold | |||
| Dec 25, 2024 | In contract | - | |
| In contract | |||
| Dec 4, 2024 | Listed by Redfin Corporation | $450,000 | |
| Listed by Redfin Corporation | |||
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This beautifully updated ranch home offers the perfect blend of comfort, functionality, and community charm. With a private entrance and a full basement suite, it's an excellent choice for multi-generational living or rental income. Nestled in a small, close-knit, and dog-friendly neighborhood where neighbors look out for one another, this home radiates warmth and belonging. One of just three homes on the street with a rare two-car garage, this property sits on a spacious lot with a private backyard and a covered patio, ideal for outdoor relaxation. The newly landscaped front yard, featuring two mature trees, creates a welcoming first impression. Step inside to find a large, open living room and kitchen, seamlessly connected by durable tile floors and a versatile neutral color palette. The upper level includes two bedrooms, while the basement offers two additional non-conforming bedrooms, a full kitchen, and a living room, making it a perfect space for extended family or tenants. Recent updates include a new furnace, garage door, water heater, and dryer, all installed in 2023. The home also features central air cooling and a newer water softener and filtration system. Backing onto open space and just one block from Silverman Park, this property combines serene living with exceptional convenience, located minutes from I-70, 220, and Pena Boulevard for easy airport access. This home is ready to meet all your needs!
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| Aug 28, 2015 | Sold | ||
| Sold | |||
| Sep 19, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017