5928 Highway 22
About This Property
*Please note, Buyers must verify all measurements.
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Cap Rate Calculator
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 21, 2024 | No longer available | - | |
| No longer available | |||
| Feb 7, 2024 | Price Decreased |
$339,900
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Jan 14, 2024 | Price Decreased |
$349,900
↓ $10K
(2.8%) | |
| Price Decreased | |||
| Nov 28, 2023 | Listed by Exp Realty | $359,900 | |
| Listed by Exp Realty | |||
| | |||
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This is a must see! Come start your business on one side and live in the other. This property is zoned commercial and/or residential making the possibilities endless. This home has been fully remodeled with new floors, paint, quartz countertops, new appliances, kitchen cabinets, all new light fixtures, brand new hot water heater, and HVAC as well as other upgrades. This property is ideally located right off highway 22 with 172 ft of frontage. This property would make a great office space or first home for your family, or both! The manager has listed the unit size as 2341 square feet.
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| May 16, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017