5632 WEBER Lane
About This Property
The bathrooms offer a spa-like retreat with new tubs, showers, and fixtures, meticulously designed for functionality and style. Beyond aesthetics, the home prioritizes energy efficiency and comfort, featuring new insulated windows, a 2023-installed roof, a new AC, water heater, breaker box, and fresh attic insulation for a modern living experience.
Emphasizing practicality, the property is strategically located within one mile of grocery stores, hospitals, medical centers, and various restaurants. Enjoy the added convenience of being within 10 miles of downtown, the NFL stadium, concert halls, and shopping malls.
The freshly painted interior and exterior is a MUST SEE. Property has new privacy fence and large back yard. Even the older fence was pressure washed. Ready to add your buyers pool and room for fire pit too.
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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 |
|---|---|---|---|
| Mar 27, 2024 | Sold | ||
| Sold | |||
| Dec 31, 2023 | Listed by UNITED REAL ESTATE GALLERY | $299,000 | |
| Listed by UNITED REAL ESTATE GALLERY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017