5602 E US Highway 50
About This Property
The residence is warm and inviting with beautiful hardwood flooring, newer windows, and fresh paint that gives the home a clean, updated feel. A new roof installed in 2024 provides peace of mind and long term durability. Composite decking extends the living space outdoors, offering a low maintenance area to relax or entertain.
The detached retail building opens the door to countless possibilities including a storefront, studio, office, workshop, or rental income opportunity. The oversized garage provides ample space for vehicles, storage, equipment, or hobby use.
Properties offering this level of versatility are increasingly rare. Whether you are looking to operate a business from home, generate supplemental income, or simply enjoy the flexibility of additional usable space, this property delivers a unique and valuable opportunity.
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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 |
|---|---|---|---|
| Aug 4, 2026 | Relisted | $879,900 | |
| Relisted | |||
| Aug 1, 2026 | No longer available | - | |
| No longer available | |||
| Feb 18, 2026 | Listed | $879,900 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017