5551 OBANNON ROAD
About This Property
The lower level offers a rare opportunity for multigenerational living. Fully finished with a private entrance, it includes an additional kitchen, bedroom, full bath, and a massive family room with a raised-hearth brick fireplace.
Additional features include a large fenced vegetable garden, attached garage, storage shed, and an expansive deck spanning the back of the home, accessible from both the kitchen and den.
The Entire Property is being offered in AS-IS condition.
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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 |
|---|---|---|---|
| Jan 29, 2026 | Sold | ||
| Sold | |||
| Dec 30, 2025 | In contract | - | |
| In contract | |||
| Dec 27, 2025 | Listed by Sheridan-MacMahon Ltd. | $589,900 | |
| Listed by Sheridan-MacMahon Ltd. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017