5515 Avenue O
About This Property
1920. Great exterior features will not last at this price. If you blink it will
be SOLD. Buyers check with City, County, Zoning, Tax, and other records to their
satisfaction. AS-IS SALE property.
Listed By
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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 |
|---|---|---|---|
| May 31, 2025 | In contract | - | |
| In contract | |||
| May 3, 2025 | Price Decreased |
$683,900
↓ $51K
(6.9%) | |
| Price Decreased | |||
| Apr 16, 2025 | Price Decreased |
$734,600
↓ $53K
(6.7%) | |
| Price Decreased | |||
| Mar 29, 2025 | Price Decreased |
$787,400
↓ $177K
(18.3%) | |
| Price Decreased | |||
| Mar 8, 2025 | Price Decreased |
$963,900
↓ $5K
(0.5%) | |
| Price Decreased | |||
Property Highlights
5515 Avenue O
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
About Southeastern Brooklyn
Similar Homes for Sale
Nearby Rentals
Data Source: OneKey MLS
