5407 POTOMAC Avenue
About This Property
The heart of the home features a modern kitchen equipped with new stainless steel appliances, a large pantry, and laundry facilities. Down the hall, discover three spacious bedrooms and two bathrooms. The master suite boasts an en suite bathroom with dual vanities and a large shower, while all bedrooms include generous closet space.
The hall bathroom offers a roomy vanity and a tub/shower combo. Enjoy the beauty and durability of Luxury Vinyl Plank flooring throughout.
Don't miss your chance to be the first to call this stunning new construction home!
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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 |
|---|---|---|---|
| Dec 5, 2024 | Sold | ||
| Sold | |||
| Nov 23, 2024 | In contract | - | |
| In contract | |||
| Nov 4, 2024 | Listed by SHEEPCO REAL ESTATE GROUP | $245,000 | |
| Listed by SHEEPCO REAL ESTATE GROUP | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017