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5548 Matalee Avenue
About This Property
The kitchen is thoughtfully designed and comes with brand-new appliances, making mealtime a breeze! When it's time to relax, head to the spacious primary bedroom, which features a lovely en-suite bath complete with an elegant clawfoot tub, a separate steam shower, and a roomy walk-in closet. Don't forget to check out the bonus 350sf of finished attic space-great for extra storage. Upstairs, you'll discover two more spacious bedrooms that share a well-appointed bathroom, making it perfect for family and guests.
This beautifully remodeled gem is not to be missed! Discover the perfect blend of elegance, comfort, and convenience today!
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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 |
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Mar 14, 2025 | Sold | ||
Sold | |||
Feb 14, 2025 | In contract | - | |
In contract | |||
Jan 4, 2025 | Listed by Highlands Real Estate | $959,000 | |
Listed by Highlands Real Estate |
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Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
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Building Info
