5558 Taft Avenue
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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.
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, 2019 | Sold | ||
| Sold | |||
| Sep 24, 2018 | Listed by Berkshire Hathaway HomeServices California Properties | $2,285,876 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
| | |||
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Seller to entertain offers between $1,975,000 & $2,285,876. Heart of Bird Rock. 4-bedroom home plus guest house & several patios. Lots of privacy behind fenced in yard. All bathrooms updated featuring Waterworks, Ann Sacks, natural stone, etc. Kitchen/ great room opens to amazing deck for entertaining with ocean views. Charming guest house has marble kitchenette & private entry. Most windows & doors new. Walk to Bird Rock Elementary, amazing pastry, coffee shops, restaurants, & park overlooking Pacific. Fantastic light and bright contemporary home behind fenced-in yard, creating a private compound-like feeling. Tastefully updated in last few years and meticulously maintained. Some of the many improvements include: -New forced air heating system installed in 2017 -All four bathrooms have been redone with Waterworks fixtures and natural stone, Ann Sacks tile - New powder room created on main living level -Guest house has been fitted with marble kitchenette ( sink, microwave, fridge ) - Newly created laundry center in house with marble counters -Added full washer/dryer in garage for additional laundry and laundry access for guest house -Most windows have been replaced in last 3-4 years - New Anderson aluminum clad patio doors installed in master and upstairs -Ipe wood bar added to outdoor entertainment area/ deck with peek ocean views - Termite report complete and repairs done - Double filtration water system throughout home
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| May 1, 2014 | Sold | ||
| Sold | |||
| Apr 16, 2014 | Listed by Berkshire Hathaway HomeService | $1,550,000 | |
| Listed by Berkshire Hathaway HomeService | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017