35
Map
5565 S MCKINNEY Avenue
About This Property
Inside, you'll find a functional floor plan ready for updating and modernization. While the home requires repairs and cosmetic improvements, it provides an excellent opportunity to build equity through renovation. The spacious backyard features mature trees, room for gardening, outdoor living, or future enhancements, along with an existing storage shed and additional workspace. The convenient location places you close to local amenities, including shopping, dining, and outdoor recreation, providing ease of access to everyday necessities. Whether you're looking for a first home, a downsize option, or a potential investment, this property presents a solid foundation in a great neighborhood.
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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 |
|---|---|---|---|
| Aug 31, 2026 | Sold | ||
| Sold | |||
| Aug 4, 2026 | In contract | - | |
| In contract | |||
| Jul 23, 2026 | Listed by Arizona Resource Realty | $28,000 | |
| Listed by Arizona Resource Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017