40
Map
5515 Davis LN #32
About This Property
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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 |
|---|---|---|---|
| Apr 21, 2026 | In contract | - | |
| In contract | |||
| Jan 26, 2026 | Listed by Compass RE Texas, LLC | $400,000 | |
| Listed by Compass RE Texas, LLC | |||
| Apr 7, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Relisted | $417,500 | |
| Relisted | |||
| Mar 31, 2024 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/26/2026
|
3 Bed
|
3 Bath
|
1927 ft²
|
$400,000
3 Bed
3 Bath
1927 ft²
|
$400,000
01/26/2026
|
Alexia Dauterive
Realty Austin - Headquarters
| |
|
07/31/2025
|
3 Bed
|
3 Bath
|
1927 ft²
|
$437,000
3 Bed
3 Bath
1927 ft²
|
$437,000
07/31/2025
|
Robbie English
Uncommon Realty
| |
|
04/11/2025
|
2 Bed
|
2 Bath
|
1310 ft²
|
$334,900
2 Bed
2 Bath
1310 ft²
|
$334,900
04/11/2025
|
Erica Renae Gutierrez
AEA Realty, LLC
| |
|
01/23/2024
|
2 Bed
|
2 Bath
|
1316 ft²
|
$375,000
2 Bed
2 Bath
1316 ft²
|
-
-
|
Crystal Lopez
Propel Realty
| |
|
02/08/2024
|
3 Bed
|
3 Bath
|
1927 ft²
|
$450,000
3 Bed
3 Bath
1927 ft²
|
$429,500
-4.56%
02/08/2024
|
Diana Bruttell
1st Brokerage
| |
|
02/02/2024
|
3 Bed
|
3 Bath
|
1927 ft²
|
$440,000
3 Bed
3 Bath
1927 ft²
|
$417,500
-5.11%
02/02/2024
|
Rachel ElShamy
Wise Property Group, LLC
| |
|
09/23/2023
|
2 Bed
|
2 Bath
|
1310 ft²
|
$392,500
2 Bed
2 Bath
1310 ft²
|
$339,900
-13.40%
09/23/2023
|
Robbie English
Uncommon Realty
| |
|
09/02/2020
|
3 Bed
|
3 Bath
|
1927 ft²
|
$339,000
3 Bed
3 Bath
1927 ft²
|
-
-
|
Chris Frickel
Keller Williams - Austin SW
| |
|
06/19/2019
|
2 Bed
|
2 Bath
|
1310 ft²
|
$280,000
2 Bed
2 Bath
1310 ft²
|
-
-
|
JILL HAMLIN
Keller Williams - Austin SW
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017