28
Map
5653 S Jericho Way
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 25, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | Price Decreased |
$499,900
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Sep 4, 2024 | Price Increased |
$515,000
↑ $15K
(3%) | |
| Price Increased | |||
| Aug 21, 2024 | Listed | $499,900 | |
| Listed | |||
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Welcome to this charming home located in a prime location with everything you need just minutes away! Nestled in the highly desired Cherry Creek School District, this property offers easy access to shopping, dining, and major highways like E-470, making commutes a breeze. This home boasts several recent upgrades, including a new roof and fresh exterior paint currently underway. In 2021, a new furnace and air conditioning unit were installed, ensuring comfort throughout the year. You'll also appreciate the brand-new garage door, whole-house fan, and a comprehensive sprinkler system that includes irrigation for the flower beds. Step inside to discover new vinyl flooring throughout the main level, giving the home a fresh and modern feel. The updated kitchen is a chef's dream, featuring sleek concrete countertops, stainless steel appliances, and a great pantry. The main level also includes an updated half bath for added convenience. Upstairs, you'll find a fabulous loft space that can easily serve as a study, home office, or be converted into a third bedroom. The basement is a blank canvas, already framed for two additional bedrooms with egress windows and a 3/4 bathroom, ready for your personal touch. Situated on a large corner lot, this property offers ample outdoor space, including a large deck with a pergola-perfect for entertaining or relaxing. All repairs should be done by the middle of October. Paint, roof, garage door and other miscellaneous smaller items.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017