5223 Monarch Belle Lane
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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 |
|---|---|---|---|
| Feb 24, 2021 | Sold | ||
| Sold | |||
| Jan 9, 2021 | Listed by RE/MAX Fine Properties | $235,000 | |
| Listed by RE/MAX Fine Properties | |||
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Lovely three bedroom two bath home with extra large primary bedroom with bay out windows. Tile floors at entry, extended entry, kitchen, breakfast room and family room. Upgraded extra large primary shower with two showerheads. Double vanities with granite countertops. Kitchen has stainless steel appliances, Granite kitchen countertops with tile backsplash. Five burner gas cooktop. Stainless steel sink. Pendant lighting over kitchen island. Extra-large utility room with space for extra refrigerator. Mudroom space for coats, shoes and umbrellas or backpack rack. Granite countertop in hall bathroom with stained cabinets. Accent colored walls with rounded corners. Double pane windows. Covered patio and large backyard. Less than 3 years old. Excellent condition.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017