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5626 VERBENA Road
About This Property
Ideally located in a rapidly appreciating residential area, the property is just 13 minutes from Downtown and only 2 minutes from Northwestern Legends Elementary School. Photos were taken in 2021 prior to the current tenant's move-in. Don't miss this chance to invest in a well-located, income-producing property with strong long-term potential.
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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 |
|---|---|---|---|
| Oct 30, 2026 | Sold | ||
| Sold | |||
| Oct 7, 2026 | In contract | - | |
| In contract | |||
| May 14, 2026 | Price Decreased |
$172,000
↓ $5K
(2.8%) | |
| Price Decreased | |||
| Apr 23, 2026 | Listed by VIRTUALTY REAL ESTATE | $177,000 | |
| Listed by VIRTUALTY REAL ESTATE | |||
| May 6, 2025 | Price Decreased |
$185,000
↓ $5K
(2.6%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017