5420 Ignacio Frias 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 |
|---|---|---|---|
| Jul 22, 2025 | Sold | ||
| Sold | |||
| May 17, 2025 | In contract | - | |
| In contract | |||
| Apr 21, 2025 | Relisted | $325,000 | |
| Relisted | |||
| Apr 13, 2025 | In contract | - | |
| In contract | |||
| Jan 21, 2025 | Listed by Congress Realty | $325,000 | |
| Listed by Congress Realty | |||
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This stunning Northeast corner-lot home offers everything you need and more! Nestled in a wonderful neighborhood just minutes from Ft. Bliss, it boasts incredible curb appeal, and luxurious amenities like a heated pool with jacuzzi, outdoor kitchen, and a master bedroom balcony with breathtaking mountain views. The property features a unique 5th room with a separate entrance, conveniently located within the garage area—perfect for a guest suite, guest quarters, or even a home business. The kitchen is a true entertainer's dream, with granite countertops, stainless steel appliances, a large island, and a spacious pantry. The first-floor layout is designed for hosting, with a large family room that flows seamlessly to the backyard retreat. Outside, you'll find an entertainer's paradise: a large 8-foot-deep heated pool, jacuzzi, pergola, grill, and outdoor refrigerator. Inside, the home showcases custom cabinets, elegant shutters, a storage shed, four generously sized bedrooms, and an oversized master suite. The master bathroom offers a spa-like experience with a jetted tub and a spacious walk-in shower. Stay comfortable year-round with refrigerated air powered by two separate air conditioning units. This masterpiece truly combines style, comfort, and functionality. The photos speak for themselvesschedule a tour today to see this exceptional property in person!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017