5396 2ND Street
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 |
|---|---|---|---|
| Jun 3, 2024 | Sold | ||
| Sold | |||
| May 14, 2024 | In contract | - | |
| In contract | |||
| Mar 30, 2024 | Listed by VISTA COLLECTIVE REAL ESTATE | $525,000 | |
| Listed by VISTA COLLECTIVE REAL ESTATE | |||
| Jul 25, 2023 | Listed by VISTA COLLECTIVE REAL ESTATE | $565,000 | |
| Listed by VISTA COLLECTIVE REAL ESTATE | |||
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INVESTOR ALERT!! Be sure not to miss this unique Island home located in the Windswept Acres neighborhood with endless options! Walking distance to St. Augustine Beach and ICW. The main house is a 3/2 and the garage is a 1/1 studio with full kitchen. The oversized lot currently has irrigation on well water, a shed, an outdoor shower, carport and room for a pool if desired. Current owner has made numerous cosmetic updates including, but not limited to interior and exterior paint, LVP flooring throughout, tiled bathrooms, all new cabinets and solid surfaces, new plumbing fixtures and lighting.
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| Dec 15, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017