5707 Newland
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Dec 30, 2025 | Sold | ||
| Sold | |||
| Nov 30, 2025 | In contract | - | |
| In contract | |||
| Nov 11, 2025 | Listed by Re/Max Home and Investment | $329,500 | |
| Listed by Re/Max Home and Investment | |||
| Feb 12, 2025 | Sold | ||
| Sold | |||
| Jan 24, 2025 | Listed by Re/Max Home and Investment | $35,000 | |
| Listed by Re/Max Home and Investment | |||
| | |||
|
WHAT A BEAUTY! This property comes with an additional parcel included in the price, making the grand total property size 1.33 acres! 5707 Newland is .63 acres, while the adjacent parcel (054-010-113) is .70 acres. BOTH properties have water CONNECTED with backflow devices installed! Seller has maintained the water bill. BOTH properties have already been surveyed for your convenience! 5707 Newland has a failed septic, while the adjacent property has not been built on. Cattle fencing surrounds the property as one, and a nice gate is installed at the driveway! Seller has meticulously maintained this property, and it shows! Come view this property and allow your mind to wander today!
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017