5622 Ventura Drive
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 |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Sep 30, 2024 | In contract | - | |
| In contract | |||
| Sep 24, 2024 | Listed by Mark Spain Real Estate | $525,000 | |
| Listed by Mark Spain Real Estate | |||
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Welcome home! This stunning residence has been remodeled and is turn-key ready with neutral decor finishes throughout. Indulge in the spacious walk-in owner's suite closet and luxurious owner's suite bath featuring a double shower. Enjoy the expansive living room, dining room, eat-in kitchen, and cozy den. Plus, there's an additional finished bonus room that offers endless possibilities to customize to your needs! Step outside to your private, fenced backyard with an in-ground pool, ideal for entertaining family and friends. Conveniently located just outside city limits, no HOA! Enjoy cultural hotspots such as Art and Durham Performing Arts Center, Durham Bull, outdoor spaces like Eno River State Park and Sarah P. Duke Gardens, dining and shopping at Brightleaf Square and the American Tobacco Campus, educational hubs with proximity to Duke University and North Carolina Central University, and top-tier healthcare facilities like Duke University Hospital.
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| Mar 15, 2021 | Sold | ||
| Sold | |||
| Jan 3, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017