32
Map
5897 Urdea Road
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 |
|---|---|---|---|
| Feb 24, 2025 | Sold | ||
| Sold | |||
| Jan 11, 2025 | In contract | - | |
| In contract | |||
| Dec 11, 2024 | Listed by Paradise Real Estate Intl | $925,000 | |
| Listed by Paradise Real Estate Intl | |||
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1.22 Acres in town, NO HOA, Cement Block Construction. One level ranch no stairs. Detached garage plus 2 car garage attached to house. Circular Driveway. Large rear patio. Roof 2021, A/C 2022, split plan, Living room, Family room. Close to everything, beach, shopping, restaurants, highway, airport. All sizes approximate, buyer should verify. Being sold as is with right to inspect. Proof of funds with cash offer. Pre-Qualification letter with offer with loan. Being sold as is with right to inspect. Showings start 12/14. pictures to follow
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017