5515 Richland Rd
About This Property
The upper level has two Bedrooms and a full bath, the lower level has a Game Room, a Wine Cellar, a Powder Room adjacent to a large walk-in shower, & a Laundry Room, plus UNFINISHED: a Work Shop and a 39'x11' Storage area. This is a walk-out Lower Level! Eight rooms out of 11 have the original 3/4" thick oak hardwood flooring; the entire interior was professionally painted in 2025, including trims, crown moldings, and door & frames. Eight new ceiling fixtures were just upgraded; six are fan lights. The Kitchen and mechanicals are newer; the roof was replaced in 2018.
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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 |
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May 22, 2025 | In contract | - | |
In contract | |||
Apr 7, 2025 | Listed by COMPASS PENNSYLVANIA, LLC | $489,800 | |
Listed by COMPASS PENNSYLVANIA, LLC | |||
Nov 3, 2005 | Sold to Christopher A Lawton | ||
Sold to Christopher A Lawton |
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Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
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