5308 59TH AVE
About This Property
Don't miss the chance to check out this dream house! This one wont last!!
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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 31, 2024 | Sold | ||
| Sold | |||
| Jul 17, 2024 | In contract | - | |
| In contract | |||
| Jul 12, 2024 | Listed by Samson Properties | $319,900 | |
| Listed by Samson Properties | |||
| Apr 11, 2024 | Sold | ||
| Sold | |||
| Mar 26, 2024 | Listed by Long & Foster Real Estate, Inc. | $260,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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Attention investors and contractors - here's your opportunity to quickly create some sweat equity in this diamond-in-the-rough duplex! Solid home needing renovation in convenient location with easy access to DC, College Park & future Purple Line. Gas furnace & electric CAC (2021) and gas HWH (2022). Great fenced yard, patio off kitchen and level walk-out from lower level. Hardwood floors main & upper levels. Home sells 'as-is' and is available for quick settlement. Use GCAAR forms and provide proof of funds for cash buyers.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017