5717 Auburn Avenue
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 |
|---|---|---|---|
| Apr 25, 2025 | Sold | ||
| Sold | |||
| Apr 2, 2025 | In contract | - | |
| In contract | |||
| Mar 23, 2025 | Listed by Home Pros Real Estate Group | $140,000 | |
| Listed by Home Pros Real Estate Group | |||
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This beautiful home offers a range of opportunities. It is an ideal investment property for anyone looking to start an Airbnb or a rental venture. The main house features two bedrooms and a full bathroom. Additionally, there is a second unit in the back that functions as a studio. While this studio requires some work, it has the potential to generate significant income.
This home is also perfect as a starter home for a couple looking to begin their journey together. The owner has upgraded the property with a new refrigerated air unit, a new water heater, and a upgraded electrical panel. A newly constructed rock wallin the back yard is sure to last for years to come. Get ready to fall in love with your new home, located in a great area!
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| Oct 12, 2020 | Sold | ||
| Sold | |||
| Oct 8, 2019 | Listed by Paul Todd Realty | $99,950 | |
| Listed by Paul Todd Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017