5854 Effingham Drive
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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 |
|---|---|---|---|
| Jun 10, 2021 | Sold | ||
| Sold | |||
| Mar 5, 2021 | Listed by RE/MAX Fine Properties | $309,900 | |
| Listed by RE/MAX Fine Properties | |||
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WELCOM HOME TO THIS STUNNING RENOVATION IN THE CHARMING WESTBURY COMMUNITY!! THIS SLEEK 1-STORY HAS BEEN REIMAGINED BEGINNING WITH THE WIDE OPEN SIGHT-LINES THAT CONNECT SPACES THROUGHOUT THE LIVING AREAS. NEW DBL PANED WINDOWS WELCOME THE LIGHT INSIDE AND THE RICH ENGINEERED HARDWOODS UNDERFOOT FLOW THROUGHOUT THE SPACE. THIS BEAUTIFUL KITCHEN AS ENDLESS QUARTZ COUNTERS, STAINLESS STEEL APPLIANCES, BOLD HARDWARE, PLUS MODERN FARMHOUSE TOUCHES. THIS OPEN CONFIGURATION JOINS THE LIVING, FAMILY, AND DINING AREAS MAKING THIS HOME PERFECT FOR ENTERTAINING AND TODAYS LIFESTYLE! OUTSIDE YOU WILL FIND FRESH LANDSCAPING, PLENTY OF PARKING AND A BIG BACKYARD. NEW ROOF, NO FLOODING PER SELLER!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017