705 W Fifth Street
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 3, 2026 | Sold | ||
| Sold | |||
| May 1, 2026 | In contract | - | |
| In contract | |||
| Apr 18, 2026 | Listed by Bubela Real Estate | $495,000 | |
| Listed by Bubela Real Estate | |||
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Timeless elegance, modern Victorian residence, originally constructed in 1890 & renovated in 2023. Home blends historic charm w/contemporary style. Relax or entertain on expansive front & rear porches. Prominent corner lot a short walk from Blinn College, this home features 2 primary suites—each w/designer tile, stylish mirrors, accent walls, high-end fixtures & luxurious en-suite baths. Secondary bedroom bathed in natural sunlight, offering retreat for guests or family. Original architectural details create atmosphere of historic sophistication, w/soaring ceilings over 11 ft, beautifully restored windows, classic clawfoot tub, scalloped shingles, vintage fixtures. Modern upgrades integrated, including Italian porcelain island top, quartz counters in secondary areas, SS appliances, custom vent hood, dbl-sided island storage, updated cabinetry, pantry. All major systems updated in 2023, including roof, HVAC, ductwork, water heater, plumbing, electrical. Low tax rate, no flood zone.
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| Feb 20, 2024 | Sold | ||
| Sold | |||
| Jan 28, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017