5716 South Street
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 26, 2021 | Sold | ||
| Sold | |||
| Jun 14, 2021 | Listed by Keller Williams Signature | $149,999 | |
| Listed by Keller Williams Signature | |||
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Welcome to 5716 South! Home has lots of potential and would be great for an investor looking for a project. Over 2500 square feet offering a large living room adjacent to the kitchen, 4 spacious bedrooms, and 1 1/2 bathrooms. Home is located in close proximity to numerous shopping centers, restaurants, and entertainment. Zoned to excellent school is Katy ISD.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017