511 N 5th Street
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 |
|---|---|---|---|
| Apr 25, 2025 | Sold | ||
| Sold | |||
| Apr 4, 2025 | In contract | - | |
| In contract | |||
| Mar 6, 2025 | Relisted | $180,000 | |
| Relisted | |||
| Feb 28, 2025 | In contract | - | |
| In contract | |||
| Nov 15, 2024 | Listed by RE/MAX Blythe Realty | $180,000 | |
| Listed by RE/MAX Blythe Realty | |||
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Step into this delightful 2-bedroom, 1-bath home, freshly upgraded and move-in ready! The interior boasts fresh paint throughout, recessed lighting, new flooring, and stylish baseboards. Enjoy the comfort of brand-new ceiling fans and a cozy layout perfect for first-time buyers or those looking to downsize. Live with peace of mind knowing the home's new roof will keep you dry for years to come! The generous backyard is a true highlight, featuring a spacious concrete patio ideal for entertaining or relaxing outdoors. A handy shed offers ample storage for all your outdoor tools and supplies, while the alley-access gate adds extra convenience and ability to have your RV, boat or other desert toys. This home is a must-see for anyone seeking comfort, style, and a fantastic outdoor space. Schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017