5491 Rockledge 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 |
|---|---|---|---|
| Sep 26, 2025 | Sold | ||
| Sold | |||
| Aug 29, 2025 | In contract | - | |
| In contract | |||
| Aug 20, 2025 | Listed by Zutila, Inc. | $1,950,000 | |
| Listed by Zutila, Inc. | |||
| Feb 5, 2025 | Sold | ||
| Sold | |||
| Jan 9, 2025 | Listed by HomeSmart, Evergreen Realty | $999,976 | |
| Listed by HomeSmart, Evergreen Realty | |||
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Location, Location, Location. Investor dream property overlooking the 4th hole/greens of the amazing Los Coyotes Golf Course views. The property’s premium location offers a private, serene scene, embellished with colorful landscaping and natural beauty that is visible from almost all of the interior rooms. Oversized lot of 12,600 sqft. The neighborhood’s award-winning schools are Emery Elementary, Beattie Jr. High and Sunny Hills High. All of these enticing amenities (with no HOA) await your visit and offer. Property will be sold “as is” with no repairs and no warranties.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017