5055 Hillcrest Drive
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 |
|---|---|---|---|
| Mar 27, 2025 | Sold | ||
| Sold | |||
| Dec 12, 2024 | In contract | - | |
| In contract | |||
| Dec 5, 2024 | Listed by MJ Peterson Real Estate Inc. | $175,000 | |
| Listed by MJ Peterson Real Estate Inc. | |||
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This 3-bedroom Ranch has plenty of opportunities to make it just the way you want it. Bring your imagination. The kitchen does have granite countertops but needs your touches. The deck overlooks a large yard perfect for hosting guests and entertaining. Two car attached garage has egress straight into the basement perfect for storing the outdoor furniture or putting away the tools and toys. Located just a short distance from local restaurants and the town park, this home has great potential. Seller has elected to take all offers on Monday, 12/9 at 2 pm.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017