14
Map
5417 Solway 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 |
|---|---|---|---|
| Feb 11, 2021 | Sold | ||
| Sold | |||
| Jul 8, 2020 | Listed by Premier Properties Real Estate | $529,000 | |
| Listed by Premier Properties Real Estate | |||
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This home is a gem. Stunning views of canal, The Antiqua floor plan and it has been expanded for a grandeur home. Built in 2004, 1979 SQ FT under air, 3 BR & 2 FB. Home is located on a canal with a private dock to launch your canoe or kayak. Many tall widows and very open and bright. There are French doors leading to a brick paver screened in lanai. Boat parking space #20 in a gated parking lot, with boat ramp. Plantation shutters and crown moldings. Gated community, heated community pool, summer kitchen, restrooms, tennis court, ocean access and river pier access. All the exquisite furniture is available for $5,000 extra, some personal items will be removed. Only 2 pets allowed, per HOA Docs. HOA is $323 per month.
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| Mar 10, 2015 | Sold | ||
| Sold | |||
| Oct 1, 2014 | Listed by Premier Properties Real Estate | $425,000 | |
| Listed by Premier Properties Real Estate | |||
| Jun 30, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017