5808 Highway 61
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 |
|---|---|---|---|
| May 4, 2022 | Sold | ||
| Sold | |||
| Mar 11, 2022 | Listed by RE/MAX American Dream | $255,000 | |
| Listed by RE/MAX American Dream | |||
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Want to live in a log cabin? Take a look at this one! You can sit out on the front porch or relax on the back porch in your own piece of paradise. This 3 bedroom/2 bath home is waiting to welcome you in. The open floor plan will allow you to relax in style and the upstairs loft area will let your imagination flow as you make this house your home.
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| May 28, 2021 | Sold | ||
| Sold | |||
| Mar 15, 2021 | Listed by NB Elite Realty | $210,000 | |
| Listed by NB Elite Realty | |||
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Create wonderful memories in this cozy and welcoming log cabin!! Delight your eyes with the architecture and characteristic design. This absolutely precious home sits on almost an acre of land to fill your day with activities, playing board games, having crawfish boils or barbecues, riding a four wheeler, or just siting on the porch enjoying those relaxing moments. The upstairs loft adds charm and serves as an open space for many uses such as an extra bedroom, exercise room, or office space. Imagine yourself sitting on the back deck gazing at the stars or sitting by a fire. This home is the perfect getaway to the country but still close enough to the city. So bring your family & make these wonderful memories in your new home.
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| Sep 8, 2020 | Listed by NB Elite Realty | $215,000 | |
| Listed by NB Elite Realty | |||
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Create wonderful memories in this cozy and welcoming log cabin!! Delight your eyes with the architecture and characteristic design. This absolutely precious home sits on almost an acre of land to fill your day with activities, playing board games, having crawfish boils or barbecues, riding a four wheeler, or just siting on the porch enjoying those relaxing moments. The upstairs loft adds charm and serves as an open space for many uses such as an extra bedroom, exercise room, or office space. Imagine yourself sitting on the back deck gazing at the stars or sitting by a fire. This home is the perfect getaway to the country but still close enough to the city. So bring your family & make these wonderful memories in your new home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017