5227 Sealane 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 |
|---|---|---|---|
| Feb 20, 2020 | Sold | ||
| Sold | |||
| Nov 23, 2019 | Listed by Coldwell Banker Realty | $1,575,000 | |
| Listed by Coldwell Banker Realty | |||
| Nov 1, 2016 | Sold | ||
| Sold | |||
| Jul 8, 2016 | Listed by RE/MAX Gold Coast-Beach Office | $1,395,000 | |
| Listed by RE/MAX Gold Coast-Beach Office | |||
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Great Mandalay Beach Location-West of Mandalay Beach Rd, very nice 3bedroom + 2 1/2bath + dinning room + bonus room + large vaulted ceiling living room with brick fireplace and ocean view + 4 outside decks + low maintenance yard with in ground jacuzzi with new pump and heater + 3 car garage. Over size lot, very short walk to beach. Seller just finishing major remodel. New kitchen with stainless appliances, marble countertops, plus island, New quality custom cabinets, New fixtures and lighting, in-kitchen dining area. New FAU heater and ducting, New porcelain and white oak hardwood flooring, New bathrooms, New windows throughout, New driveway and new garage doors. Rare, ready to move in, remodeled spacious home on oversize lot, with ocean view, and just a few homes to the sand
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017