5850 Ludington Drive
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 |
|---|---|---|---|
| Jul 23, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2024 | In contract | - | |
| In contract | |||
| Jun 14, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - West Gray | $320,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - West Gray | |||
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Beautifully updated one-story home in popular Westbury neighborhood! Every inch of this home is gorgeous! Wood floors, high ceiling, open concept living room and kitchen, white cabinets and kitchen counters with a beautiful gray vein. Marble in the master bath with a huge double shower and double vanity. Walk-in closet. Split floor plan with 2 more bedrooms and another full bath on the other side of the house. BONUS GAMEROOM for the kids or use as an office or second living space. Laundry in the house. Washer/dryer/fridge included. Large fenced backyard with patio. Walkable neighborhood with sidewalks. Home has been professionally raised and comes with warranty. Come make this your next home today!
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| Oct 13, 2020 | Sold | ||
| Sold | |||
| Jul 14, 2020 | Listed by Krueger Real Estate | $214,999 | |
| Listed by Krueger Real Estate | |||
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WOW! Beautifully remodeled home with lots of modern upgrades. Fabulous kitchen with stainless steel appliances, and quartz countertops. Open concept living area with updated bathrooms, plumbing, and HVAC. Located in the popular Westbury Subdivision. Home has been professionally raised. Easy commute to Houston and Med Center.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017