5469 County Road 5
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 |
|---|---|---|---|
| May 25, 2023 | Sold | ||
| Sold | |||
| Apr 5, 2023 | Listed by Coldwell Banker Realty 56 | $750,000 | |
| Listed by Coldwell Banker Realty 56 | |||
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Wonderful 4 bedroom, 3 bath home on a full acre! This tri-level home features a main floor bedroom and 3 upper bedrooms, including the primary bedroom with it's own 3/4 bath. The eat-in kitchen has lots of cabinets, ample counter space, a breakfast bar, and a pantry. Just off the kitchen, you'll find a large multi-purpose sunroom complete with lots of windows and a skylight. The lower level of the home has a very large living room with a nice wood stove, perfect for those chilly nights. There is also a laundry area and a half bath on this level. The attached 2-car garage is oversized, making it perfect for all your tools. The exterior is very low maintenance with double pane vinyl windows, durable brick, and vinyl siding. The back patio is shaded by mature trees and there's even a mountain view. The land is fully fenced, has a circular driveway and has 3 sheds, one 9 x 27 ft, all of them with electricity. This beautiful one-acre lot is loaded with large shade trees, has a raised-bed garden area and a cozy fire pit to relax with friends and family. There is plenty of room for horses, RV's, and all of your toys. Located in Erie with easy highway access, this is the perfect place to call home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017