5125 STEPLADDER 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 |
|---|---|---|---|
| Sep 15, 2022 | Sold | ||
| Sold | |||
| Jul 26, 2022 | Listed by ERA REARDON REALTY, L.L.C. | $345,000 | |
| Listed by ERA REARDON REALTY, L.L.C. | |||
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*Offers Received**Spacious home on 20 acres. Bring your chickens and move right in. Cute kitchen with dining area, formal dining room, too. Back door enters into a spacious mudroom to shed those outdoor clothes. 4 bedrooms, 2 full baths with room to spread out and relax. Fresh feel in the kitchen and throughout. Tidy basement houses the washer/dryer, workbench and mechanicals. Cozy bedroom and full bath on main floor. Primary bedroom with attached bath and 2 additional bedrooms upstairs. Full appliance package including washer/dryer and upright freezer stay. Spacious detached, 2-car garage and shed for storage. Wood burner and a generous supply of cut wood stay. Surrounded by Acres of corn, Seller reports great yearly hunting & venison for the freezer. Enjoy the country with room to roam!
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| Jan 21, 2015 | Sold | ||
| Sold | |||
| Oct 7, 2014 | Listed by HOWARD HANNA REAL ESTATE SERVI | $178,000 | |
| Listed by HOWARD HANNA REAL ESTATE SERVI | |||
| Apr 1, 1993 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017