5804 Nielsen Drive
About This Property
newly built by local builder, Anderson Builders Corporation, who are known for their quality homes. As you step inside, you will love the natural lighting, open floor plan, and high ceilings with tons of storage. The heart of the house lies in its delightful kitchen, with stainless steel appliances, granite countertops, a farmhouse sink, and a pantry. The home features, ceiling fans in the bedrooms and family room, mini-split heating and air conditioning, luxury vinyl plank flooring, and mini-blind window coverings. The bedrooms are spacious and the primary bedroom has its own bathroom with a walk-in shower. The oversized 2-car garage is fully finished with laundry facilities and a utility sink at the back of the garage. There is OWNED solar on the home, fire sprinklers for additional safety, and a good-sized, flat, fenced backyard. The home also has RV access with RV hookups and an RV gate to the backyard. The home comes with a 1 year fit & finish warranty from the seller. Don't miss this opportunity to buy this beautifully built, new home! The seller is only considering owner-occupied buyers.
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Cap Rate Calculator
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 17, 2025 | Sold | ||
| Sold | |||
| May 15, 2025 | In contract | - | |
| In contract | |||
| Mar 3, 2025 | Listed by Willow & Birch Realty, Inc | $339,900 | |
| Listed by Willow & Birch Realty, Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017