5122 Avenue L
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 |
|---|---|---|---|
| Sep 9, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 8, 2026 | Listed by CB&A, Realtors- Southeast | $269,900 | |
| Listed by CB&A, Realtors- Southeast | |||
| Aug 13, 2026 | Listed by CB&A, Realtors- Southeast | $269,900 | |
| Listed by CB&A, Realtors- Southeast | |||
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Welcome home to peaceful country living! Situated on a proposed 1/2-acre tract in Santa Fe, this beautifully updated 2-bedroom, 2-bath home offers move-in-ready comfort and outdoor space. The open layout is filled with natural light and features new LVP flooring, baseboards, fresh paint, and updated doors and trim. The remodeled kitchen offers white cabinetry, quartz countertops, SS appliances, gas range, and a spacious pantry. Both baths are refreshed, including a roomy primary bath with double sinks and walk-in shower. Major improvements include new roof with redecking, foundation leveling, updated exterior siding, new front deck, and reconfigured utility room with countertop space. Outside, mature trees and a spacious yard offer room to relax, entertain, garden, play, or bring future plans to life. Major work is done and ready to enjoy! Proposed rear 1/2-acre tract offered separately. Acreage/boundaries TBD by survey. Schedule your tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017