5639 County Road 5
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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 |
|---|---|---|---|
| Apr 26, 2022 | Sold | ||
| Sold | |||
| Mar 25, 2022 | Listed by Due South Realty | $675,000 | |
| Listed by Due South Realty | |||
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This is your chance to own acreage property with stunning mountain views in Erie for under $700K! ADU dwelling opportunity with lower level separate entrance, 2 bedrooms and 3/4 bath, living area and super sunny and bright kitchen! Mountain views from lower level as well! Stunning pine floors throughout upper level, updated kitchen, lots of windows for natural light, 2 bedrooms and full bath upstairs. Beautiful entryway with stunning woodworking on ceiling! Two outbuildings, fully fenced, horses allowed and lots of breathing room here with room to build shop. Pellet stove on lower level provides additional heat source for energy efficiency! NO HOA!!!
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Last Updated: 4 months ago
Data Source: REcolorado MLS, MLS# IRE8743028
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017