517 5th Avenue
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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 14, 2020 | Sold | ||
| Sold | |||
| Aug 22, 2019 | Listed by Ward Wight Sotheby's International Realty | $1,599,000 | |
| Listed by Ward Wight Sotheby's International Realty | |||
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Get ready to fall in love with this stunning home! Situated in the desirable north end of town, just a few blocks to the beach and boasting over 4000 sqft of casual elegance. Offering an expansive open kitchen with butler's pantry & center island, formal dining room, spacious family room as well as an additional family room that leads to both front & rear covered porches. The 2nd floor provides a private master suite, as well as 2 large guest suites. The 3rd floor is ideal for guests consisting of two bedrooms & a full bathroom. The custom handcrafted millwork throughout is simply stunning with details that will impress your most discriminating buyer. Perfectly situated near shops, restaurants, beach, boardwalk, transportation & more. Relo company to PAY UP TO $7,500 TOWARDS CLOSING COSTS
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| Nov 13, 2015 | Sold | ||
| Sold | |||
| Jul 6, 2015 | Listed by The MacGowan Agency, Inc. | $899,000 | |
| Listed by The MacGowan Agency, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017