5665 Newland Road
About This Property
opener, mini splits for cooling and heating in each room for greater energy efficiency, granite countertops in kitchen and bathrooms, tile shower and tub surround, laminate flooring throughout, master bedroom has walk in closet and dual sinks, home is built with Insulated Concrete Form (ICF) technology, offering exceptional fire safety and energy efficiency, with a 3+ hour fire rating and an R-value of 50, paradise irrigation district supplies the water
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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 |
|---|---|---|---|
| Jun 6, 2025 | Sold | ||
| Sold | |||
| May 28, 2025 | In contract | - | |
| In contract | |||
| Apr 24, 2025 | Listed by Gilbertson Real Estate | $439,000 | |
| Listed by Gilbertson Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017