5117 Schuler 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 |
|---|---|---|---|
| Jul 31, 2023 | Sold | ||
| Sold | |||
| Jun 28, 2023 | Listed by REALM Real Estate Professional | $495,000 | |
| Listed by REALM Real Estate Professional | |||
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LOT HAS BEEN RE-PLATED, CLEARED, PLAN READY TO SUBMIT TO CITY.
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| Mar 14, 2022 | Sold | ||
| Sold | |||
| Oct 8, 2021 | Listed by Compass RE Texas, LLC | $375,000 | |
| Listed by Compass RE Texas, LLC | |||
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Time to build on a 5000 sf lot in Washington Corridor? This lot is well-positioned in a neighborhood chock full of new development and graced with a impressive tree canopy. And the price is not to be ignored! What an opportunity. Please do NOT walk the lot without a scheduled appointment with the Compass appointment desk. We look forward to a call from you and to get you the information you need.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017