531 Road 51022
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 13, 2026 | Sold | ||
| Sold | |||
| Dec 24, 2025 | In contract | - | |
| In contract | |||
| Sep 17, 2025 | Listed by Kodu Realty, LLC | $159,900 | |
| Listed by Kodu Realty, LLC | |||
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Magnificent Legacy Manufactured Home situated on two lots in a desirable Santa Fe neighborhood. This 4-bedroom, 2-bath home offers comfort, space, and recent updates throughout. The inviting living room features raised ceilings, updated flooring, and direct access to both the kitchen and primary suite. The kitchen boasts an open-concept design with a workspace, freshly painted cabinets, abundant counter space, and a dining area. The spacious primary suite includes updated carpet (2021), freshly painted walls (2025), a private bath with an oversized garden tub, separate shower, and a walk-in closet. Outside, you’ll enjoy a fully fenced yard, front and back, for added security, wheelchair ramp, and an 8x8 storage shed. Recent upgrades include a NEW roof (2024), new HVAC installed in 2021 with a 5-year transferable warranty, double-paned and double-insulated windows, new carpet (2021), and vinyl flooring replaced in 2021.
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| Sep 22, 2023 | Sold | ||
| Sold | |||
| Jul 14, 2023 | Listed by eXp Realty, LLC | $165,000 | |
| Listed by eXp Realty, LLC | |||
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Magnificent Manufactured Home ('12) by Legacy featuring 4 Beds/2 Full Baths, Built-In Desk, Patio w/Wheelchair Lift, & 8 x 8 Shed situated on not one but TWO LOTS in sought after Santa Fe neighborhood. Lovely Living Room upon entry w/raised ceiling, updated flooring & access to Kitchen & Master Suite. Kitchen boasts an open concept, island for additional cooking & seating, abundance of cabinet & counter space, & Dining Area access for meals together. Large Master Suite w/updated carpet ('21) & access to Private Bath w/oversized Garden Tub, separate shower & large walk in closet for your wardrobe. Spacious Secondary Bedrooms & a full bath w/ tub/shower combination. Fenced backyard w/ tons of greenspace for the kids or pets to run & play! Recent upgrades include, NEW HVAC ('21 w/5 yr transferable warranty), double paned windows & double insulated, recently replaced carpet ('21), & recently replaced vinyl flooring ('21)! Near shopping, major freeways, splashpads, parks, schools & more!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017