51 Borgo Court
About This Property
Additional highlights include a second bonus room with a custom built table, perfect for crafting, homeschooling, a home office, plus an unfinished walk-in storage area that offers ample space or potential for future expansion.
Enjoy a versatile second bonus room with a custom-built table, perfect for crafting, homeschooling, a home office, or any creative endeavor. Located in a welcoming community, with a neighborhood pond for fishing, kayaking, or relaxing by the custom benches, this home truly has it all. Call listing agent for details.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 9, 2025 | Sold | ||
| Sold | |||
| Oct 15, 2025 | In contract | - | |
| In contract | |||
| Oct 2, 2025 | Price Decreased |
$498,499
↓ $2K
(0.3%) | |
| Price Decreased | |||
| Sep 8, 2025 | Price Decreased |
$499,999
↓ $30K
(5.6%) | |
| Price Decreased | |||
| Aug 28, 2025 | Listed by FAB Real Estate Services, LLC | $529,900 | |
| Listed by FAB Real Estate Services, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017