5484 PELICAN Way
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 |
|---|---|---|---|
| Aug 7, 2017 | Sold | ||
| Sold | |||
| Aug 4, 2017 | Listed by ENDLESS SUMMER REALTY | $369,000 | |
| Listed by ENDLESS SUMMER REALTY | |||
| Jun 6, 2017 | Listed by REALHOME SERVICES AND SOLUTIONS INC | $355,100 | |
| Listed by REALHOME SERVICES AND SOLUTIONS INC | |||
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If you lived here you wouldn’t be on the computer. You WOULD be on the beach. Or at least sitting on your front deck surfing the net with the beach as your backdrop. This attractive beach house features an open floor plan of about 1,785 sq. ft., a kitchen with breakfast bar, a spacous family room, a formal dining room, 3 bedrooms, 3 full bathrooms, and a carport for 2 vehicles. Don’t let this opportunity pass you by. This property is bank owned. It is sold in “as-is” condition without repairs or warranty. Buyer is responsible for verifying all information contained in this listing.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017