5408 Abbey 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 |
|---|---|---|---|
| Mar 3, 2023 | Sold | ||
| Sold | |||
| Jan 12, 2023 | Listed by Baird & Warner | $275,000 | |
| Listed by Baird & Warner | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 8, 2020 | In contract | - | |
| In contract | |||
| Aug 3, 2020 | Listed | $199,500 | |
| Listed | |||
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This recently updated 1,500 sq ft, 3 bed, 1.1 bath property is the perfect place to call home! All new laminate flooring on the main level including the eat in kitchen with 42" maple cabinets, Corian counters and custom backsplash, the sizeable living room and dining room with vaulted ceilings and cozy family room with fireplace, powder room and laundry area. Sliders off the family room lead to a private paver patio that's perfect for entertaining. Upstairs is a large master bedroom with wic, 2 additional bedrooms and an updated full bath. New carpeting in all 3 bedrooms. Freshly painted including trim and new doors throughout. Attached 2 car garage. Roof/siding 2012, hvac 2016, hwh 2015, windows 2005 The manager has listed the unit size as 1518 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017