5814 Middlesex DRIVE
About This Property
The kitchen, featuring stunning stone countertops and sleek stainless steel appliances. Ample cabinet space ensures that all your kitchen essentials are within easy reach, making organization a breeze.
Outside, you'll find ample storage space and a large backyard, ideal for outdoor activities, gardening, or simply unwinding in your private oasis. Located conveniently close to the airport, shops, and restaurants, this home offers the perfect balance of tranquility and accessibility. Don't miss the opportunity to make this incredible house your new home!
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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 |
|---|---|---|---|
| Feb 27, 2025 | Sold | ||
| Sold | |||
| Feb 6, 2025 | In contract | - | |
| In contract | |||
| Nov 15, 2024 | Price Decreased |
$239,900
↓ $19K
(7.4%) | |
| Price Decreased | |||
| Sep 20, 2024 | Price Decreased |
$259,000
↓ $10K
(3.7%) | |
| Price Decreased | |||
| Aug 18, 2024 | Relisted | $269,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017