5114 Farmer 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 |
|---|---|---|---|
| Nov 10, 2025 | Sold | ||
| Sold | |||
| Oct 13, 2025 | In contract | - | |
| In contract | |||
| Sep 22, 2025 | Listed by Better Homes and Gardens Real Estate Gary Greene - Woodway | $215,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Woodway | |||
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A fully remodeled stunner ready for you to call home! Step inside to an open-concept layout drenched in natural light, featuring laminate floors and modern finishes throughout. Major updates include a new electrical system with all-new wiring and a new plumbing system with underground sewer piping, giving you peace of mind for years to come. The spacious primary suite includes a beautiful ensuite with a custom walk-in shower, while two additional bedrooms and a second updated bath offer comfort for family or guests. Outside, enjoy a private gated entrance, fenced yard, and a freshly updated exterior with a brand-new roof. The attached garage comes equipped with washer/dryer hookups and backyard access. Move-in ready and made for entertaining or relaxing, this home is a perfect blend of modern style and everyday convenience!
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| Mar 29, 2023 | Sold | ||
| Sold | |||
| Jan 3, 2023 | Listed by SavvyWay Realty, Inc. | $125,000 | |
| Listed by SavvyWay Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017