5180 Canal Drive
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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 8, 2024 | Listed by KW Innovations | $600,000 | |
| Listed by KW Innovations | |||
| | |||
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Welcome to your private oasis on a .53-acre lot with no HOA! This property boasts a massive paved lot, offering ample space for RV, boat, or toy storage. The detached 2-car garage is equipped with RV and AC plugs for your convenience. Enjoy true privacy with no zero-lot lines and plenty of separation from neighbors. The upstairs garage area is easily convertible into a mother-in-law suite, perfect for extended family or guests. Located in a family-friendly community with an ''A'' school zone, the neighborhood hosts exciting holiday events, including an annual Christmas golf cart parade. Sprinklers are powered by well water for easy lawn care. Perfect for families seeking space, privacy, and community living!
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| Oct 17, 2017 | Sold | ||
| Sold | |||
| Apr 15, 2017 | Listed by KW Innovations | $325,000 | |
| Listed by KW Innovations | |||
| Jun 3, 1994 | Sold | ||
| Sold | |||
Property Highlights
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About Biltmore Terrace
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$8,500 /mo
- 3 Beds
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- 1,905 ft²
$10,000 /mo
- 3 Beds
- 2 Baths
- 1,904 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017