5485 Primrose Lane
About This Property
Inside, you'll find a central Living Area with Split Floorplan. Kitchen is nice and Bright with Granite Countertops, a Breakfast Bar, and a Cozy Dining Nook. Primary Bedroom is Large with Double Closets and a custom Ensuite Recently Updated!
Step outside to enjoy the Screened-in Back Porch with Bar Area and Hot Tub Hookup-Ideal for Coffee in the Mornings and Relaxing Evenings. The property also features Multiple Outbuildings, including Two Shops, Covered RV/Boat/Equipment Parking, and Two Additional Storage Sheds.
Energy-efficient Solar Panels Remain with the Home, keeping Electric Bills Extremely Low-and At Times even Producing a Credit! Additional Peace of Mind comes with Below Ground Storm Shelter and this Backup Eectric Storage, so you're Not Left Without Power! This property offers the perfect blend of Comfort, Efficiency, and Location-Situated Conveniently Between Sulphur and Davis with easy access to I-35, area Lakes, Restaurants, and Local Attractions. A Versatile Property with Space, Updates, and Location-Don't Miss this One!
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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 |
|---|---|---|---|
| Sep 30, 2026 | Sold | ||
| Sold | |||
| Sep 25, 2026 | In contract | - | |
| In contract | |||
| Jul 10, 2026 | Price Decreased |
$237,000
↓ $8K
(3.3%) | |
| Price Decreased | |||
| Jun 23, 2026 | Price Decreased |
$245,000
↓ $13K
(5%) | |
| Price Decreased | |||
| Jun 13, 2026 | Price Decreased |
$258,000
↓ $10K
(3.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017