5392 SE 3RD Avenue
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 |
|---|---|---|---|
| Jan 20, 2025 | Price Decreased |
$390,000
↓ $30K
(7.1%) | |
| Price Decreased | |||
| Nov 15, 2024 | Price Decreased |
$420,000
↓ $40K
(8.7%) | |
| Price Decreased | |||
| Oct 25, 2024 | Listed | $460,000 | |
| Listed | |||
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Updated with open floor plan on a corner lot with front and back porches. The addition can be used for extra entertaining, a second owner's suite or a large playroom. Updates include windows & sliding glass doors (2024), stainless appliances, flooring, bath remodels and interior paint. Septic and drain field replaced in 2022, roof age six years and solar panels produce approximately 800 kw per month. Back yard is fenced and has a 27 foot round pool, RV hook up (90v) and generator hook up. Electrical panel has been updated and there is electric to the shed. Turn key and ready for new owners just in time for the holidays!
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| Sep 3, 2021 | Sold | ||
| Sold | |||
| Jun 29, 2021 | Listed by VISION REALTY PROFESSIONALS | $249,900 | |
| Listed by VISION REALTY PROFESSIONALS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017