5534 Piping Rock Drive
About This Property
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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 |
|---|---|---|---|
| Oct 25, 2022 | Sold | ||
| Sold | |||
| Sep 28, 2022 | Listed by Anew Realty, LLC | $340,000 | |
| Listed by Anew Realty, LLC | |||
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Immaculate home located on gorgeous Oak tree shaded interior lot in highly desired neighborhood. 3 bedrooms, 2.5 baths as well as 2 living and 2 dining areas. Great-room with vaulted ceiling, built-ins & brick fireplace. Second living area is perfect for entertaining with its own bar & dimensions allowing for pool table. Large front & back covered porches with pergola covered additional backyard patio great for outdoor parties. Roomy kitchen has pass-through window to 2nd living and causal dining opens to shaded second patio courtyard, which is also accessible from primary bedroom. Large Pantry closet. Gorgeous landscaped backyard with storage building & stained privacy fencing. Large windows with plantation shutters in most rooms allows for plenty of control over natural illumination. 2 car rear access garage with paved alley & insulated garage door with opener. Gas Heat & Water Heater for faster recovery.
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| Jun 29, 2020 | Sold | ||
| Sold | |||
| Apr 30, 2020 | Listed by Arnold-REALTORS | $259,000 | |
| Listed by Arnold-REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017