5123 Frazee Rd
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 |
|---|---|---|---|
| Dec 31, 2019 | Sold | ||
| Sold | |||
| Nov 17, 2019 | Listed by RE/MAX Connections | $585,000 | |
| Listed by RE/MAX Connections | |||
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Opportunity awaits with this home that offers a desirable location, spacious large lot, 3 car garage and no HOA! Vaulted ceilings, bamboo flooring, travertine entryway and granite countertops in the kitchen. Two fireplaces to cozy up to with one in the Master bedroom that opens to a large master bath with soaking tub. Walk to schools, parks, & YMCA. Several sturdy sheds and an unpermitted dwelling unit in the backyard. Property needs updating and pool/deck are in need of repairs. Priced accordingly! Neighborhoods: Summerhill Estates Equipment: Dryer,Garage Door Opener,Pool/Spa/Equipment, Range/Oven, Washer Other Fees: 0 Sewer: Sewer Connected Topography: GSL
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| Aug 31, 2015 | Sold | ||
| Sold | |||
| Jun 24, 2015 | Listed by HomeSmart Realty West | $525,000 | |
| Listed by HomeSmart Realty West | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017