5461 OLEARY 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 23, 2026 | Listed by MRG REALTY LLC | $195,000 | |
| Listed by MRG REALTY LLC | |||
| Sep 9, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Feb 16, 2025 | Price Decreased |
$370,000
↓ $100K
(21.3%) | |
| Price Decreased | |||
| Nov 12, 2024 | Price Decreased |
$470,000
↓ $50K
(9.6%) | |
| Price Decreased | |||
| Nov 1, 2024 | Listed by ERA Sellers & Buyers Real Esta | $520,000 | |
| Listed by ERA Sellers & Buyers Real Esta | |||
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RAPID DEVELOPING AREA! El Paso is growing, and lots of potential on this 7.92 acre lot. This lot could be used to build your Dream home with maybe some horses or an investment opportunity. This property offers several possibilities for residential or commercial. (trucking company, build a warehouse, business spaces, apartment complex and the list goes on) A Privacy fence is found all the way around the property. O'leary is the frontage and paved road. This lot already includes water, electricity, phone line, cable and septic tank. Buyers need to do their own due diligence.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017