5870 NW 3RD STREET
About This Property
Located within a 6 minute drive of major supermarkets, restaurants, medical offices, and the post office. For outdoor enthusiasts, Silver Springs State Park is only 11 miles away, offering glass-bottom boat tours, water sports, hiking and biking trails, and camping adventures. You'll also be under 5 miles from the World Equestrian Center at the heart of Horse Country. This move-in-ready home truly has it all-modern updates, a prime location, and no HOA! Schedule your showing today and start envisioning your new lifestyle!
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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 |
|---|---|---|---|
| Apr 11, 2025 | Sold | ||
| Sold | |||
| Mar 5, 2025 | In contract | - | |
| In contract | |||
| Feb 21, 2025 | Price Decreased |
$235,000
↓ $9K
(3.7%) | |
| Price Decreased | |||
| Jan 18, 2025 | Price Decreased |
$244,000
↓ $5K
(2%) | |
| Price Decreased | |||
| Jan 3, 2025 | Price Decreased |
$249,000
↓ $6K
(2.4%) | |
| Price Decreased | |||
Property Highlights
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About Marion
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017