5603 Hialeah Drive
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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 |
|---|---|---|---|
| Sep 19, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Jul 29, 2024 | Listed by Redfin Corporation | $474,900 | |
| Listed by Redfin Corporation | |||
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Discover an exceptional RARE opportunity in Oak Forest– a stunning renovated home w/5 beds, 3 full baths & 2 car garage! Walk-in closets in every room! Step inside an expansive living area w/natural light, ideal for relaxation or entertaining, open to large kitchen w/quartz counters, island, SS appliances, soft-close cabs, large pantry. Living features stunning fireplace w/custom wood mantle & marble, adding warmth & character. Retreat to the primary w/large walk-in closet, full bath boasting stunning marble tile, dual sink. An additional bedroom with ensuite bath is on same side as primary, while 3 more bedrooms are on the opposite wing, sharing a beautifully renovated hall bathroom. Outside, enjoy the expansive yard for leisurely mornings or summer gatherings. With recent updates including sewer lines, plumbing, electrical, foundation repair, roof, & windows, this home offers comfort & peace of mind. Situated near amenities, this residence epitomizes refined living. NO FLOODING.
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| Jul 21, 2024 | No longer available | - | |
| No longer available | |||
| Jun 23, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017