26
Map
5447 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 |
|---|---|---|---|
| Dec 10, 2015 | Sold | ||
| Sold | |||
| Aug 23, 2015 | Listed by Tropical Realty Beachside | $524,950 | |
| Listed by Tropical Realty Beachside | |||
| Sep 23, 2013 | Sold | ||
| Sold | |||
| May 14, 2013 | Listed by Coville Getz & Co LLC | $475,000 | |
| Listed by Coville Getz & Co LLC | |||
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Gorgeous home in south beach gated waterfront community of Indian Landing. Very well maintained lightly used 5 bedroom home with formal living room, dining room, family room plus bonus room/guest suite on 2nd floor. High ceilings, beautiful pool with spacious deck for entertaining. Light and bright throughout! Communities amenities include tennis courts, community pool and clubhouse, deeded beach and river access.
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| Apr 15, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017