5502 Ashmere Lane
About This Property
Upstairs, you'll find three generously sized bedrooms, perfect for family members or guests. Enjoy peace of mind with the 2017 PEX repiping, newer insulation, and energy-efficient windows which enhance your home's comfort and efficiency. The whole yard sprinkler system keeps your lawn lush and green with minimal effort.
Step outside to your private backyard oasis, complete with a sparkling pool and a charming pavilion for al fresco dining and relaxation. With new carpet and fresh paint throughout, this home feels brand new. Don't miss your chance to call this stunning house your forever home!
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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 23, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Aug 12, 2024 | Price Decreased |
$349,900
↓ $15K
(4.1%) | |
| Price Decreased | |||
| Aug 7, 2024 | Price Decreased |
$365,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Aug 1, 2024 | Price Decreased |
$375,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017