5314 Rustling Trails Drive
About This Property
Home has recent updates including roof & hvac (replaced 3 years ago, per seller), granite counter tops, Ring doorbell system. Home has never flooded (per seller), tile throughout home including garage, storage shed in backyard stays. Spacious interior, lots of windows for natural lighting, crown molding. Primary suite has walk in closet, separate shower and tub, vanity area. No immediate back neighbors.
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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 |
|---|---|---|---|
| Oct 1, 2020 | Sold | ||
| Sold | |||
| Jul 26, 2020 | Listed by HomeSmart Fine Properties | $192,000 | |
| Listed by HomeSmart Fine Properties | |||
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Rare opportunity in this subdivision. Mature, well maintained neighborhood conveniently located just 10 mins from I-10 and 99. Close proximity to the schools, various parks, restaurants and shopping.
Home has recent updates including roof & hvac (replaced 3 years ago, per seller), granite counter tops, Ring doorbell system. Home has never flooded (per seller), tile throughout home including garage, storage shed in backyard stays. Spacious interior, lots of windows for natural lighting, crown molding. Primary suite has walk in closet, separate shower and tub, vanity area. No immediate back neighbors.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017