5553 Quari St
About This Property
The main level includes two bedrooms, a full bathroom, a living room, and an open kitchen with a dining area. The updated kitchen boasts gray cabinetry, stainless steel appliances, vinyl plank flooring, and new plumbing fixtures. The entire main living area is equipped with energy-efficient double-pane vinyl windows and new six-panel doors with hardware. The bathroom on this level features solid surface countertops, light gray cabinetry, brushed nickel hardware, and updated plumbing fixtures and lighting.
The lower level offers a spacious recreation room, a large electrical and storage room, two additional bedrooms, and an updated 3/4 bath with new cabinetry, solid surface counters, new lighting, plumbing fixtures, and hardware. Additionally, the property includes a wonderful two-car attached garage and a fully fenced, large backyard. This home combines classic charm with modern updates, making it an ideal choice for comfortable living.
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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 |
|---|---|---|---|
| Aug 7, 2024 | Sold | ||
| Sold | |||
| Jul 15, 2024 | In contract | - | |
| In contract | |||
| Jul 14, 2024 | Relisted | $459,000 | |
| Relisted | |||
| Jul 10, 2024 | In contract | - | |
| In contract | |||
| Jun 24, 2024 | Listed by HomeSmart | $459,000 | |
| Listed by HomeSmart | |||
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This beautiful ranch-style home, built in 1969, offers four bedrooms and two bathrooms on a spacious 7,800 square foot lot. With 1,730 square feet of living space, this updated residence features a charming covered front porch and fresh paint throughout.
The main level includes two bedrooms, a full bathroom, a living room, and an open kitchen with a dining area. The updated kitchen boasts gray cabinetry, stainless steel appliances, vinyl plank flooring, and new plumbing fixtures. The entire main living area is equipped with energy-efficient double-pane vinyl windows and new six-panel doors with hardware. The bathroom on this level features solid surface countertops, light gray cabinetry, brushed nickel hardware, and updated plumbing fixtures and lighting.
The lower level offers a spacious recreation room, a large electrical and storage room, two additional bedrooms, and an updated 3/4 bath with new cabinetry, solid surface counters, new lighting, plumbing fixtures, and hardware. Additionally, the property includes a wonderful two-car attached garage and a fully fenced, large backyard. This home combines classic charm with modern updates, making it an ideal choice for comfortable living.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017