5318 Nero Lake Drive
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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 |
|---|---|---|---|
| May 26, 2023 | Sold | ||
| Sold | |||
| Mar 27, 2023 | Listed by The Monarch Team, LLC | $350,000 | |
| Listed by The Monarch Team, LLC | |||
| Apr 30, 2021 | Sold | ||
| Sold | |||
| Mar 17, 2021 | Listed by FYI Realty | $299,950 | |
| Listed by FYI Realty | |||
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Beautiful 2 Story Saratoga Home, the Rupert. Home has 4 bedrooms all located upstairs, 2 1/2 Bathrooms! Home has an open floor plan perfect for entertaining along with a large game room located upstairs. The gourmet kitchen with custom cabinetry, granite countertops, custom tile back splash, and ceramic wood tile flooring throughout main living areas. Master Suite with double sinks, large walk-in closet, shower and separate garden tub. Home is not complete being built. NEVER FLOODED!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017