5845 Stratmore Avenue
About This Property
Open floor plan, formal entry, formal dining area, family and living rooms, laundry area, plenty of extra storage cabinets and closets. Large master bedroom with master bath. All bedrooms have beautiful custom doors and beautiful, quality shutters. There's a large backyard and an attached 2 car garage.
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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 |
|---|---|---|---|
| Dec 12, 2018 | Sold | ||
| Sold | |||
| Oct 29, 2018 | Listed by ReMax Tiffany Real Estate | $725,000 | |
| Listed by ReMax Tiffany Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017