5580 Edith Avenue
About This Property
This home has large rooms with a beamed vaulted ceiling plus a fireplace in the living room, vaulted wood ceiling and wood stove in the
family room. The kitchen has maple cabinets, newer stainless steel appliances, a large island and Corian counter tops. The laundry room
has a walk in closet for lots of storage. Home also has a whole house fan updated Central A/C and attached two car garage. For you
toys there is a 30 x 40 metal shop/barn with 10' roll up door. Other outbuildings include a 19 x 25 shop with an overhead door, a 17 x 18
garden/wood shed. The landscaped grounds feature large trees and shady lawns set on sprinkler / drip systems. Off the deck is a
sparkling in-ground swimming pool with diving board. This home is in the Richfield school district.
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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 |
|---|---|---|---|
| Nov 3, 2017 | Sold | ||
| Sold | |||
| Aug 24, 2017 | Listed by Re/Max American Dream Realty | $429,000 | |
| Listed by Re/Max American Dream Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017