5171 Alaska Avenue
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 |
|---|---|---|---|
| Mar 3, 2025 | Sold | ||
| Sold | |||
| Jan 23, 2025 | Listed by Redfin | $989,000 | |
| Listed by Redfin | |||
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Beautiful single level, four-bedroom home is located in the highly desirable City of Cypress and features new modern paint tones, crown molding and recess lighting makes for an elegant space. The living room features a remodeled fireplace, new ceiling fans, new engineered wood flooring, an adjacent dining area and large windows that allow an abundance of natural light to illuminate the open floor plan throughout. The kitchen features white cabinetry, granite countertops, gas cooktop, single oven and new dishwasher. The primary ensuite has a new Laminate flooring, new ceiling fan, bathroom with single sink vanity, step in shower with floor to ceiling tile. The secondary bedrooms feature ceiling fans, recess lighting and new laminate flooring. Down the hallway is a full bathroom with single sink vanity and a shower in tub. The two-car garage with direct access features many NEW items including insulation and drywall, paint, 220V wiring, water heater, garage door opener system and shelving. Oversized driveway with double RV gate access and room for extended parking, established neighborhood on a cul-de-sac. Central A/C unit, new dual pane windows, new Duct System and Registers, new attic fan. Home security includes new Lorex Camera Systems (6 Cams and Controller), Ring Camera, flood lights in garage, Ring floodlight in backyard, blink camera in backyard and doorbell. Relax in the large backyard with covered patio, grassy area, mature shade tree and side yard, perfect for entertaining. Nearby shopping, restaurants, parks, award winning schools including Oxford Academy eligibility (with testing). Easy access to the 405, 605, 22 and 5 fwys. Welcome home!
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| May 29, 2020 | Sold | ||
| Sold | |||
| Mar 16, 2020 | Listed by RE/MAX Tiffany Real Estate | $710,000 | |
| Listed by RE/MAX Tiffany Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017