5401 HONDO PASS Drive
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 |
|---|---|---|---|
| Sep 4, 2025 | Sold | ||
| Sold | |||
| Jul 24, 2025 | In contract | - | |
| In contract | |||
| Jul 16, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 15, 2025 | Listed by Open Door Assets | $230,950 | |
| Listed by Open Door Assets | |||
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Beautifully remodeled 3-bedroom, 2-bath home offering 1,654 sq ft of comfortable living with two spacious living areas and refrigerated air. The updated kitchen features granite countertops, sleek cabinetry, and tile flooring throughout. Both bathrooms have been tastefully upgraded with modern finishes. Enjoy a large backyard with a pergola equipped with electricity, remote controlled fans, a privacy fence, and a tool shed for extra storage. Washer and dryer are stylishly built into the custom kitchen cabinetry and stay with the home along with a coffee bar. Located with easy access to shopping, restaurants, schools, and major roads. Seller is offering a $1,000 buyer credit that can be used toward closing costs, interest rate buy-down, or however the buyer sees fit, along with a $900 home warranty included for added peace of mind. This move-in-ready home is priced to sell! Schedule your showing today!
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| Jul 1, 2025 | Price Decreased |
$234,950
↓ $5K
(2.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017