5710 Highway 29
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 |
|---|---|---|---|
| Jun 30, 2022 | Sold | ||
| Sold | |||
| Nov 17, 2021 | Listed by Virtual Properties Realty.com | $649,900 | |
| Listed by Virtual Properties Realty.com | |||
| Nov 14, 2021 | No longer available | - | |
| No longer available | |||
| Aug 12, 2021 | Listed by Virtual Properties Realty.com | $649,900 | |
| Listed by Virtual Properties Realty.com | |||
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Grantville is growing quickly and this is the perfect spot for new homes. Over 25 acres of land to build on, this is a must see! Could be rezoned to commercial as well. Located right on HWY 29, across from the elementary school! This property has endless possibilities ad won't last long!
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| May 27, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017