5340 3rd Road
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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 |
|---|---|---|---|
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Jul 26, 2018 | Sold | ||
| Sold | |||
| Jun 19, 2018 | Listed | $339,000 | |
| Listed | |||
| | |||
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Welcome to this private tropical oasis! Unique custom built 1 owner home featuring 3 bedrooms 2 baths pool home situated on just over 1/2 acre! Screened patio on the front and back of the home. Tile throughout with a large master bedroom. Plenty of room for an RV or Boat. Fantastic school zones! Come take a look today. The manager has listed the unit size as 1410 square feet.
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| Apr 25, 2018 | Listed by Illustrated Properties LLC | $339,000 | |
| Listed by Illustrated Properties LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017