5807 Caruso Forest Drive
About This Property
The lot is huge and it just needs renovating.
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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 9, 2022 | Sold | ||
| Sold | |||
| Jun 15, 2022 | Listed by BHGRE Gary Greene | $205,000 | |
| Listed by BHGRE Gary Greene | |||
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This property is on cul de sac lot. It's 4-2-2 that needs updating and could be a great flip and resale. All bedrooms are nice size. Galley Kitchen with dining and white appliances. Formal dining and cozy family room with fireplace.
The lot is huge and it just needs renovating.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017