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5100 Van Buren Road
About This Property
Welcome to a true Florida home, a mid-century gem! Situated on a double lot/.287 acre lot in Country Club acres. Home features terrazzo flooring throughout, 2 bedrooms/2 baths, double carport and even a shuffleboard court. This home has been lovingly used as a seasonal home for 2 generations, now being offered for sale for the first time since the 1970's. One wall AC unit cools the home. Radiant heat throughout. Large screened patio. Nice sized laundry room w/utility sink and extra storage in the back. Community features a small park with playground, pond & basketball court. Voluntary membership
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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 |
|---|---|---|---|
| Apr 12, 2023 | Sold | ||
| Sold | |||
| Mar 13, 2023 | Listed by Coldwell Banker Realty | $340,000 | |
| Listed by Coldwell Banker Realty | |||
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About Country Club Acres
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$10,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017