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5033 Sealane 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 |
|---|---|---|---|
| Jan 24, 2020 | Sold | ||
| Sold | |||
| Dec 3, 2019 | Listed by Realty ONE Group Summit | $899,999 | |
| Listed by Realty ONE Group Summit | |||
| Jun 9, 2017 | Sold | ||
| Sold | |||
| May 5, 2017 | Listed by Coldwell Banker Realty | $745,000 | |
| Listed by Coldwell Banker Realty | |||
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Walk to the beach from this Mandalay Shores single story home with lush courtyard entry and ample light. The original owner took great care of this clean, well-maintained property, with hard-surface flooring, an impressive stone fireplace and an open floor plan to make your own dream beach house. From the gated garden, enter the large family room with high ceilings. The 2-car garage is conveniently accessed via the kitchen. Tiffany-blue cabinets are coastal chic! Spacious master with walk-in closet leads to the backyard with patio and flowering plants. It is 2 blocks to the beach on the walkway through the back gate. Mandalay Shores is an amazing beach for surfing, collecting sea glass and seeing sunsets. The Channel Islands Harbor, with a Sunday Farmer's Market, is a 3 min. drive away!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017