61 5th 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 |
|---|---|---|---|
| May 21, 2024 | Sold | ||
| Sold | |||
| Apr 25, 2024 | Listed by Compass New Jersey LLC | $365,000 | |
| Listed by Compass New Jersey LLC | |||
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Welcome to your slice of paradise in Highlands, NJ! This delightful single-family home is ideally located just a short distance from the Miller Street Beach, fabulous indoor and outdoor dining options, and the picturesque Sandy Hook Bay. Offering water views this 2 bed, 1 bath home is perfect year round or as a seasonal retreat. Greeted by an enclosed porch, enter the open floor plan with a living room, dining area and updated kitchen. Upstairs enjoy 2 bedrooms plus a basement for additional storage. Invite guests and have parking for up to 6 cars. Easy commute to NYC via Sea Streak Ferry. Be part of the renaissance of Highlands. Call today before it's too late. (All photos have been virtually staged and enhanced).
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| Aug 31, 2017 | Sold | ||
| Sold | |||
| May 24, 2017 | Listed by Berkshire Hathaway HomeServices New Jersey Properties | $139,900 | |
| Listed by Berkshire Hathaway HomeServices New Jersey Properties | |||
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Enjoy the summer of 2017 in this cozy beach house across from the Sandy Hook Bay.! Open floor plan with newer kitchen, gorgeous granite countertops and breakfast bar, newer appliances. Stacking washer and dryer off the kitchen.
So many recent upgrades including roof, windows, doors, flooring and siding, nearly maintenance free! Enjoy the breeze from the front porch or plant a garden on the side or rear of the home. Walk to shops and restaurants or hop on your bike to the Henry Hudson Trail or Sandy Hook. You will love this quiet location near everything! Large driveway for parking. Also great home for rental opportunities!
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| Jul 10, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017