5122 Torchlight Drive
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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 |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Jan 9, 2025 | In contract | - | |
| In contract | |||
| Jan 6, 2025 | Listed by JPAR-The Sears Group | $470,000 | |
| Listed by JPAR-The Sears Group | |||
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LOCATION! COMPLETE REMODELED gem from Top to Bottom located in the highly sought after neighborhood! This beautfiully 4 bedroom, 3 full bathroom redesign home boasts spacious open concept floor plan, seamlessly blending the living, dining, & kitchen areas perfect for everyday living & entertaining. Modern fixtures & stylish finishes throughout enhance the home’s sleek, contemporary vibe. New Roof, New HVAC & ducts, New insulation, New plumbing including new sewar lines, New electrical, lifetime warranty on foundation work, new windows, new kitchen, new bathrooms, new landscaping and even epoxy garage flooring. A newly added primary bedroom provides ample space & natural light with LED lights surrounding ceiling tray, while an entirely updated pimary bath is the epitome of luxury. Huge backyard with fresh sod. Never Flooded per Seller. Centrally located about 10-15 minutes from Medical center, Galleria, Downtown, Grocery, Shopping and restaurnts. Must See!!! This home won't last long.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017