5685 Bee Creek 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 |
|---|---|---|---|
| Aug 21, 2023 | Sold | ||
| Sold | |||
| Jul 13, 2023 | Listed by Green & Associates Real Estate | $341,500 | |
| Listed by Green & Associates Real Estate | |||
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Great property on just over 4 acres with a very clean and well-kept 2/3-bedroom 2 bath home! This house sits up on a hill, high and dry!! Inside the home, you have vinyl plank flooring in most of the house, one bedroom has carpet. Open living area with a wood burning fireplace, kitchen is open to the living area and breakfast area. Master bedroom with vinyl plank, master bath has double sinks, tub and a walk-in shower. Outside, there is a front and back covered deck with another sitting area off the back deck, a nice workshop/storage building with a window unit, 3 carports, one that has hookups for an RV with electric, water and ties into the septic. The sellers have a small shooting range set up, along with walking trails on the backside of the property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017