5531 Kiam Street
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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%.
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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.
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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 13, 2021 | Sold | ||
| Sold | |||
| Apr 8, 2021 | Listed by Keller Williams Realty | $450,000 | |
| Listed by Keller Williams Realty | |||
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Ideal Inner Loop location in the heart of Cottage Grove with outdoor spaces perfect for pets and entertaining. This 3 story home has abundant natural light, high ceilings, newly refinished wood floors and fresh paint throughout. The first floor has a large bedroom and en-suite being used as an office with views and access to the covered porch and lush green back yard. The second story is the entertaining hub of the home with a cook's kitchen, open dining room and bright living space. Double doors lead from the living area to the balcony that overlooks the green outdoor space below. The top floor hosts the primary suite and charming secondary bedroom with private bath. The primary suite has two large walk-in closets and a newly updated spa-like bath with a jacuzzi tub. Minutes away from Galleria, Downtown and Memorial Park with easy access to I-10 and the Heights. No HOA. Never flooded. Take a virtual tour in the video section of the listing.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017