5196 Bluegrass Way
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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%.
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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 |
|---|---|---|---|
| Apr 16, 2022 | No longer available | - | |
| No longer available | |||
| Mar 23, 2022 | In contract | - | |
| In contract | |||
| Feb 12, 2022 | Listed by Compass | $949,000 | |
| Listed by Compass | |||
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One of the largest floor plans of Sycamore Springs at Arrowood of Oceanside with 3 bedrooms upstairs and one optional bedroom/office on the first floor. There are 3 full bathrooms, a large loft, plenty of natural lighting, 3 car garage, newly installed Google Nest Thermostat and beautiful dark toned tiles throughout the first floor. Open kitchen with large center island and plenty of cabinets for storage is great for entertaining guests. The backyard bears a lemon tree, cherry tomato plants, lemongrass, sweet potatoes, two papaya trees, and an aloe plant. Private community playground, basketball courts, gated pool/jacuzzi and showers with security guard within walking distance of the home. Golf courses, biking/hiking trails within a couple miles. Low HOA & No Mello Roos The manager has listed the unit size as 2749 square feet.
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| Sep 3, 2019 | Sold | ||
| Sold | |||
| Jun 10, 2019 | Listed by Pacific Sotheby's Int'l Realty | $639,900 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017