5743 Cheltenham Drive
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 |
|---|---|---|---|
| Jul 30, 2021 | Sold | ||
| Sold | |||
| Jan 25, 2021 | Listed by Berkshire Hathaway HomeService | $479,000 | |
| Listed by Berkshire Hathaway HomeService | |||
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Beautifully renovated home with well thought out open floor plan, flooring of 24" x 24" porcelain tiles, & Travertine. The Kitchen brings a modern vibe through the use of slab quartz counters, recessed LED lighting, white, lighted, glass front upper cabinets, island with breakfast bar, white subway tile back splash, & Stainless Steel Kitchen Appliances, consisting of double ovens, built-in microwave, beverage refrigerator & French Door style refrigerator. Natural light, from the large picture windows, adds to this home's ambiance. Additional features include a roomy Den, spacious Game Room, secluded Primary Suite w/bleached, wide plank, hardwood flooring, large walk-in closet, En Suite Bath w/dual sinks, jetted tub, frame-less glass shower, & Travertine flooring, additional Bedroom Suite w/En Suite Bath, Hall Bath w/dual sinks & soaking tub. Zoned to Herod Elementary & Bellaire H.S.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017