5643 Portal 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 |
|---|---|---|---|
| Oct 7, 2024 | Sold | ||
| Sold | |||
| Aug 28, 2024 | In contract | - | |
| In contract | |||
| Aug 14, 2024 | Listed by Weichert, Realtors - The Murray Group | $465,000 | |
| Listed by Weichert, Realtors - The Murray Group | |||
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Beautiful home tucked inside the neighborhood on oversized corner lot.NEVER FLOODED!Lush landscaping welcomes you home.Versatile formal living/dining room feature gleaming hardwood floors. Kitchen cabinets have been updated & extended to the ceiling for extra storage, SS appliances, recessed lighting, tile wood look flooring, stylish backsplash w/spacious eat-in breakfast room.Kitchen open to the den. Den w/vaulted beamed ceiling, cozy fireplace, new carpet & french doors which lead out to back yard. Original hardwoods continue through hallway and all bedrooms. Primary bedroom w/spacious closet & updated bath w/tub & shower. Generous size secondary bedrooms. Hall bath updated w/tub & shower combination. Utility room inside home. Large back yard with covered patio & lush landscaping. 2 car garage.Updates include:15-18 ft of sewer pipe replaced 2018, HVAC 2020,tankless water heater 2023,PEX,foundation repaired w/transferable warranty 2024,new paint inside & out, hardwood refinished 2024.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017