5922 Effingham 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 |
|---|---|---|---|
| Jun 6, 2022 | Sold | ||
| Sold | |||
| May 4, 2022 | Listed by BHGRE Gary Greene | $325,000 | |
| Listed by BHGRE Gary Greene | |||
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Stunning recently remodeled home in popular Westbury. Pride of ownership! Great floorplan. High ceilings, w/Open Living & dining rm. Recessed lights. Double-paned windows. Fresh interior paint. Updated floors thru-out. Totally gutted kitchen & bathrms in 2021. Granite counters, custom wood cabinets & drawers w/soft close. Charming backsplash. Pendent lights. SS appliances, vent hood, & undermount sink! Viking Dishwasher. LG Gas Stove w/Double oven! Built-in microwave. Brushed nickel faucet & hardware. Primary bathrm w/granite dbl-sinks & glass shower. Remodeled Guest bathrm! French doors w/built-in blinds. Huge AWESOME backyard w/ wood privacy fence & large patio. Beautiful landscaping in front & back! PEX plumbing-2021! AC, Furnace & Ducts-2016. Hot water heater-2016. Some sewer pipes replaced in bathrooms. Brick on all 4-sides. Located on quiet street. Short walk to Westbury Community Garden & Hagar Park. Close to Willow Waterhole Greenspace. Great location near Hwy-90 & Medl Center.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017