523 55th Street
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 4, 2025 | Sold | ||
| Sold | |||
| Oct 3, 2025 | In contract | - | |
| In contract | |||
| Sep 22, 2025 | Listed by REO Specialists, L.L.C. | $160,000 | |
| Listed by REO Specialists, L.L.C. | |||
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OPEN HOUSE SUNDAY 9/28/25 2-4pm 523 55th St Pullman MI 49450 3 Bedroom 2.5 Bath manufactured home on .2.5 acres HUD Home for sale FHA Case #263-691865 Code IN 203k eligible Buyer to verify all info. HUD does NOT pay for title insurance. Raine makes no warranty as to the existence of mold in this property & is not liable for the potentially harmful effects thereof and makes no warranty as to the condition of the property. For More Info. including Lead Based Paint Disclosures & Condition Report, Go To Hudhomestore.gov or rainecompanies.com, ASK ABOUT SPECIAL $100 DOWN FINANCING AVAILABLE ON HUD HOMES
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| Aug 9, 2022 | Sold | ||
| Sold | |||
| Feb 20, 2022 | Listed by Success Realty West Michigan | $169,900 | |
| Listed by Success Realty West Michigan | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017