5301 4TH Street
About This Property
This home is B L I S S!!! Built to exceed standards using 2x6 Construction and double hurricane clips, the owners spared no expense creating a personal paradise just steps from the beach and Intracoastal. Situated on 1/3 of an acre, the north side of the lot is shielded with mature scrub oaks that form stunning trails through the sun soaked canopy above, revealing the perfect summer hangout, fit for any oyster roast or barbecue while staying out of the summer sun. The south side of the property resembles that of a tropical oasis.; containing birds of paradise, banana trees and much more. The rear is complimented with citrus trees throughout. The front yard greets you with an amazing Magnolia planted when the home was built. With a warm and inviting interior this home was built to accommodate large parties booth inside and outside. The screened porch was converted into a dining room, allowing the comfort of inside while you feel like you are eating outside in an idyllic setting. This home is sure to please for decades to come! Built with pride and maintained with love, this home is one of a kind. You wont want to leave your personal paradise!!
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Cap Rate Calculator
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 29, 2020 | Sold | ||
| Sold | |||
| Jun 3, 2020 | Listed by MOMENTUM REALTY | $349,900 | |
| Listed by MOMENTUM REALTY | |||
| Jun 2, 2020 | No longer available | - | |
| No longer available | |||
| May 5, 2020 | Price Decreased |
$354,900
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Mar 8, 2020 | Price Decreased |
$359,900
↓ $9K
(2.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017