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61 5Th Street
About This Property
61 5th Street is a spacious 2584 sq. ft., 4 bedrooms and 3.5 bath home with soaring ceilings and neutral color palette. The chef's kitchen is the ''heart'' of this home complete with custom cabinetry, quartz countertops, stainless appliances, and a generous breakfast bar. Your private, primary suite features dual vanities, a soaking tub, shower, and dual walk-in closets. A bonus room serves as a dining room, sunroom, hobby room, or library. Guests enjoy 2nd floor privacy with spacious bedrooms and baths. Situated on a pristine corner lot with a welcoming covered front porch and sprinkler system, this MOVE IN READY home is awaiting your arrival.
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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 |
|---|---|---|---|
| Sep 8, 2026 | Listed by Keller Williams Realty Destin | $580,000 | |
| Listed by Keller Williams Realty Destin | |||
| Mar 22, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017