5136 SCHALK NO 1
About This Property
Inside, the kitchen has been recently updated with modern finishes and newer appliances that make both daily living and hosting feel easy. The bathrooms have also been renovated with a clean, refreshed style that carries throughout the home.
The finished basement adds a completely different layer of living space, designed with intention and flexibility in mind. It works just as well for entertaining as it does for relaxing, and the wet bar makes it a natural gathering spot.
Out back, the setting really comes together. The deck overlooks the pool and creates a space that feels private and usable, whether it is for summer get-togethers or a quiet evening outside.
There are two fireplaces that add warmth and character, along with practical upgrades that matter, including a backup generator, updated appliances, and a newer roof.
This is a home where the major pieces have already been taken care of, allowing the next owner to simply move in and enjoy it.
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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 |
|---|---|---|---|
| May 14, 2026 | Listed by EXP Realty, LLC | $980,000 | |
| Listed by EXP Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017