5574 Soledad Road
About This Property
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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 |
|---|---|---|---|
| Jun 30, 2020 | Sold | ||
| Sold | |||
| Apr 20, 2020 | Listed by Progress Realty | $2,225,000 | |
| Listed by Progress Realty | |||
| Sep 6, 2018 | Sold | ||
| Sold | |||
| May 21, 2018 | Listed by Coldwell Banker Realty | $1,495,000 | |
| Listed by Coldwell Banker Realty | |||
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Spectacular ocean, bay, city & mountain views from 2nd & 3rd floor levels. Decent view from 1st level. Updated kitchen featuring maple cabinetry, granite counters & stainless appliances. Five burner gas cooktop. Newer furnace & water heater in 2013. Fireplace in living room, numerous skylights some of which are opened electrically. Two good sized view decks. Home needs some updating. Offers great potential. Bring you architect or contractor & have fun customizing this diamond-in-the-rough. Master suite boasts a spa tub, double sink vanity, skylights and a large view deck with views of the ocean, downtown skyline, Mission Bay and the mountains to the east which encompasses about 250 degrees of sweeping views. The garage floor is epoxied for easy cleaning.. Neighborhoods: Soledad South Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL,SSLP
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017