523 HAY ROAD
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 |
|---|---|---|---|
| Jul 30, 2026 | Sold | ||
| Sold | |||
| Jul 1, 2026 | In contract | - | |
| In contract | |||
| Jun 15, 2026 | Listed by Real of Pennsylvania | $165,000 | |
| Listed by Real of Pennsylvania | |||
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Handyman Special with Instant Equity To Be Earned! ARV $315,000++!! This property is loaded with potential and is perfect for investors, handymen, or buyers looking to create their dream home. The main level features a spacious living room, formal dining room, nicely sized kitchen, and full bathroom, while the second level offers three generously sized bedrooms. The lower level features a large unfinished basement with endless possibilities for storage or additional living space. The exterior of the home is fantastic with a huge backyard, private driveway parking, storage shed, and peaceful neighborhood setting. The property will require a new septic system and the home is in need of a full renovation, but for the right buyer the upside opportunity is tremendous. Home is being sold strictly as-is condition. Conveniently located near local shopping, dining, and major roadways. So much potential to offer and will not last long! Schedule a showing today!
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| May 28, 2026 | Listed by Real of Pennsylvania | $165,000 | |
| Listed by Real of Pennsylvania | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017