5606 Commodore Drive
About This Property
Experience tranquility with a brand-new roof, upgraded windows, both exterior and interior doors, an enhanced electrical panel, a new AC unit, and a completely revamped water pipes and drainage system. The kitchen has been upgraded with new cabinets, elegant countertops, and all-new appliances, including a dishwasher, refrigerator, exhaust fan, and stove. The bonus room provides the flexibility to be used as a formal dining area or an office space, tailored to your needs.
This home is a perfect blend of classic charm and modern convenience, nestled in a desirable neighborhood. Don't miss this opportunity to make it yours. Schedule a viewing today and witness the exceptional quality and beauty of this property firsthand!
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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 |
|---|---|---|---|
| Dec 3, 2024 | Sold | ||
| Sold | |||
| Nov 6, 2024 | In contract | - | |
| In contract | |||
| Aug 30, 2024 | Listed by LPT Realty, LLC | $280,000 | |
| Listed by LPT Realty, LLC | |||
| Aug 29, 2024 | No longer available | - | |
| No longer available | |||
| Jul 31, 2024 | Price Increased |
$299,900
↑ $10K
(3.4%) | |
| Price Increased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017