5829 Ariel Street
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 27, 2021 | Sold | ||
| Sold | |||
| Mar 26, 2021 | Listed by Coldwell Banker Realty | $274,900 | |
| Listed by Coldwell Banker Realty | |||
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Back on market! Financing difficulties are giving you a second chance!!Step inside and be WOW'ed! This reimagined home is gorgeous. From the opened up living/dining room, to the beautifully redesigned, very functional kitchen. And, it doesn't stop there! Beautiful engineered floors in living areas and bedrooms. The primary closet is amazing, as is the hall bath. The windows, all energy efficient Low-e, were installed in 2012. Underslab plumbing replaced 2001. Roof 2017 (with 10 yr warranty) Foundation has lifetime warranty. Originally remodeled in 2012, with most of the lines changed to PEX. Redone after Harvey (only flood ever to touch this home). French drains installed along back of home terminating at the street. Back pergola added in 2020. Great location with easy commute to Med Center, NRG, downtown, galleria, Sugar Land. Great mix of neighbors, from originals to single professionals, to families with young children. Zoned to Herod Elementary.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017