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5718 Ricky Street
About This Property
The home may need a little TLC. This home offers endless possibilities for investors-whether you're a first-time investor or looking to expand your portfolio, this project is perfect. The home has a flexible layout and features 3 bedrooms and 1 bathroom with a large backyard near the Medical Center. The property is Sold AS-IS. Don't miss the chance to make this property yours. Buyers come see your home today!
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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 16, 2025 | Sold | ||
| Sold | |||
| May 20, 2025 | In contract | - | |
| In contract | |||
| May 13, 2025 | Price Decreased |
$165,000
↓ $25K
(13.2%) | |
| Price Decreased | |||
| Mar 20, 2025 | Price Decreased |
$190,000
↓ $15K
(7.3%) | |
| Price Decreased | |||
| Jan 12, 2025 | Listed by Texas United Realty | $205,000 | |
| Listed by Texas United Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017