5136 Darnell Street
About This Property
You enter under a covered porch into a large wide entry. The living room has a brick wall that encompasses the fireplace and two unusual windows (seen from the front view of the home). The rooms are all nice sized and the home has lots of storage. It also has a great layout - easy to get to all areas of the home (kids will love running in circles!) The location is ideal since it is on a quiet interior street within the neighborhood. Lots of new construction nearby including the lot next door. Seller believes enclosed 19x13 patio is not included in SF of home. Seller told fence to rt. of property will be replaced by builder. Great opportunity!
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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 |
|---|---|---|---|
| Mar 29, 2019 | Sold | ||
| Sold | |||
| Mar 3, 2019 | Listed by ColdwellBanker United,REALTORS | $290,000 | |
| Listed by ColdwellBanker United,REALTORS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017