5173 Bluegrass Way
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 |
|---|---|---|---|
| Jun 15, 2026 | Sold | ||
| Sold | |||
| May 17, 2026 | In contract | - | |
| In contract | |||
| May 17, 2026 | Price Increased |
$965,000
↑ $66K
(7.3%) | |
| Price Increased | |||
| May 7, 2026 | Listed by Bressi Realty | $899,000 | |
| Listed by Bressi Realty | |||
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Highly upgraded move in ready beautiful corner lot home in the desirable Arrowood community. Low HOA dues, no Mello Roos, community pool and spa, and public park nearby means something for everyone. The list of features is endless including newer HVAC system and paid off solar! Designer upgrades inside with wood floors, granite counters, stainless appliances, jetted tub, and a barn door for the laundry room. The downstairs bedroom with full bathroom is great for guests, single level living, or a home office. Large kitchen island, high ceilings, lots of windows, formal dining room and living room, and spacious bedrooms give that light, bright, and roomy feeling throughout. A whole house attic fan is a nice feature while the grand primary bedroom with large walk in closet is inviting day or night. Primary bathroom has a dual sink vanity and separate tub and shower. The backyard has some great outdoor space to bask in the perfect weather or lounge in the front porch area if you like.
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| Feb 22, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017