5941 Tuskegee Street
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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 |
|---|---|---|---|
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
| Jan 16, 2025 | Listed by Ann/Max Real Estate INC | $1,789,000 | |
| Listed by Ann/Max Real Estate INC | |||
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Unlock the potential of this highly desirable lot, perfectly situated between the thriving neighborhoods of Oak Forest and Independence Heights. This property is an exceptional opportunity for investors, builders, and developers, having already been replated for 32 single-family homes. With its prime location near Highway 45, you'll enjoy easy access to shopping, dining, and entertainment, as well as nearby park trails for outdoor recreation. Adding to its appeal, this lot has never flooded, providing peace of mind and value. Whether you're looking to develop a residential community or secure a sound investment in a rapidly growing area, this property is ready for your vision. Don’t let this rare opportunity pass you by!
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| Aug 17, 2022 | Sold | ||
| Sold | |||
| May 21, 2022 | Listed by Keller Williams Hou Preferred | $1,600,000 | |
| Listed by Keller Williams Hou Preferred | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017