9
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54332 PELICAN Road
About This Property
Step inside to find a thoughtfully renovated interior featuring modern finishes, fresh updates, and a move-in-ready feel. Every detail has been designed to maximize both style and functionality, making this home an ideal choice for first-time buyers, downsizers, or anyone looking for an affordable upgrade. Location is a standout feature here--conveniently situated just minutes from major interstates, making commuting a breeze. You'll also enjoy close proximity to all the shopping, dining, and entertainment options at River City Mktplc, giving you the best of both accessibility & lifestyle. With its combination of updates, land, and location, this property is a rare find--ready to welcome its next owner.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 7, 2026 | Sold | ||
| Sold | |||
| Jul 9, 2026 | In contract | - | |
| In contract | |||
| May 16, 2026 | Price Decreased |
$235,000
↓ $14K
(5.6%) | |
| Price Decreased | |||
| Apr 16, 2026 | Listed by WOODS TO WATER PROPERTIES LLC | $249,000 | |
| Listed by WOODS TO WATER PROPERTIES LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017