5585 Good Fortune Rd
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 |
|---|---|---|---|
| Dec 27, 2021 | Sold | ||
| Sold | |||
| Oct 29, 2021 | Listed | $425,000 | |
| Listed | |||
| Nov 26, 2020 | No longer available | - | |
| No longer available | |||
| Sep 11, 2020 | Price Decreased |
$399,900
↓ $25K
(5.9%) | |
| Price Decreased | |||
| Aug 3, 2020 | Listed | $425,000 | |
| Listed | |||
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Don't miss partial remodel on 5 acres with your dream shop/barn! Ideal equestrian or boarding property, or farm with amazing Peak views! Rare stick built ranch home boasts a great room with wood laminate flooring and tons of light! Custom finishes throughout. New paint, flooring, doors, fixtures and hardware make this home shine! Spacious master bedroom with sliding door and private seating area & bathroom, for you to finish your way! Hallway laundry with washer & dryer included! Huge 72 x 65 barn/workshop with attached 5-stall boarding facility, 5 separately fenced pastures, Priefert stalls with push outs & feeders. Additional 400amps/600 total! Bonus RV Hookups too! The manager has listed the unit size as 1296 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017