720 FIFTH ST
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 6, 2024 | Sold | ||
| Sold | |||
| May 9, 2024 | Listed by RE/MAX MID-MICHIGAN R.E. | $175,000 | |
| Listed by RE/MAX MID-MICHIGAN R.E. | |||
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MOVE-IN READY, UPDATED SUMMIT TOWNSHIP RANCH HOME LESS THAN 1/4 MILE TO VANDERCOOK LAKE & JACKSON COUNTY PARK! Featuring 2 main floor bdrms, 2 spacious living areas plus fin lower level! TONS of space inside & out! Enjoy lake views all Summer long from the backyard deck with a fenced-in & level yard! Updated with brand new luxury vinyl plank flooring, carpet & paint throughout. Trendy finished lower level rec room with black rafter ceilings & vinyl floors. Newer HWH. Vinyl siding & central air. The large concrete driveway offers great parking. Close to shops, restaurants & more! Great spot for walking, biking & jumping in the lake on a boat or kayak. Taxes are currently based on 0% homestead. Seller has received offers & asks that all interested parties submit their best by 4PM 5/12/23.
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| Dec 18, 2020 | Sold | ||
| Sold | |||
| Oct 16, 2020 | Listed by Five Star Real Estate-Cooper | $92,900 | |
| Listed by Five Star Real Estate-Cooper | |||
| Aug 25, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017