5040 Clock Road
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 |
|---|---|---|---|
| Aug 7, 2019 | Sold | ||
| Sold | |||
| May 26, 2019 | No longer available | - | |
| No longer available | |||
| May 24, 2019 | Listed by RE/MAX Direct | $375,000 | |
| Listed by RE/MAX Direct | |||
| May 12, 2019 | No longer available | - | |
| No longer available | |||
| May 9, 2019 | Listed | $375,000 | |
| Listed | |||
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This home is on 1.21 acres with lots of room to build on or add a pool. This home offers a brand new water heater, the roof is 8 years old, covered patio, jet tub in master bathroom. Split bedroom floor plan, A/C recently replaced and home comes with10 x 20 shed. Second bathroom has marble flooring & shower walls. The manager has listed the unit size as 1780 square feet.
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About Palm Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,500 /mo
- 3 Beds
- 2 Baths
- 1,308 ft²
$3,550 /mo
- 4 Beds
- 2 Baths
- 1,889 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017