5345 W Avenue M8
About This Property
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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%.
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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 |
|---|---|---|---|
| Jun 23, 2025 | Sold | ||
| Sold | |||
| May 31, 2025 | In contract | - | |
| In contract | |||
| May 31, 2025 | Price Increased |
$820,000
↑ $45K
(5.8%) | |
| Price Increased | |||
| May 24, 2025 | Listed by Real Brokerage Technologies, Inc. | $774,990 | |
| Listed by Real Brokerage Technologies, Inc. | |||
| Apr 2, 2025 | Listed | $899,900 | |
| Listed | |||
| | |||
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Step into this stunning custom single-story estate, gracefully situated on a vast 1.26-acre lot in the desirable Quartz Hill neighborhood of West Lancaster. With zoning for horses and farm animals, this exceptional property is designed to offer both luxury and functionality. It showcases a host of high-end upgrades and features, ensuring an elevated lifestyle for its new owners. Lot Size: 1.26 acres Features: Breathtaking pool and spa, beautifully upgraded kitchen, expansive master suite, lush, park-like backyard Additional Amenities: Three-car garage, RV access, built-in shelving, and a spacious covered patio for outdoor enjoyment This home is the perfect blend of elegance and practicality, offering a serene retreat in a highly coveted location. Do Not miss out, Schedule your showing today !!
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About Quartz Hill
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$3,300 /mo
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$3,600 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017