5704 Windy Knoll Lane
About This Property
This home offers a spacious living area. A large loft sits upstairs, which can be utilized as a game room or office area. The secondary bedrooms are spacious. Upgrades include the roof that was replaced on 10/23, the AC unit that is 6 years old, the water heater that is 6 years old, new carpet upstairs-added 09/2023, and a brand new garage door and opener. You don't want to miss out on this great opportunity.
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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 |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Jan 23, 2025 | In contract | - | |
| In contract | |||
| Nov 22, 2024 | Price Decreased |
$320,000
↓ $10K
(3%) | |
| Price Decreased | |||
| Oct 15, 2024 | Price Increased |
$330,000
↑ $10K
(3.1%) | |
| Price Increased | |||
| Oct 10, 2024 | Listed by TDRealty | $320,000 | |
| Listed by TDRealty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017