7551 5th 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 |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jul 13, 2018 | Sold | ||
| Sold | |||
| Jun 19, 2018 | Listed | $558,888 | |
| Listed | |||
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Welcome to this magnificently upgraded 3 bedroom and 3 bathroom home. This home has fabulous curb appeal, a large yard with a long driveway, suitable for RV parking, and a detached two car garage that could be converted to a second unit. The gourmet kitchen includes new white shaker cabinets, Quartz countertops, glass and marble tile backsplash, stainless steel appliances, and a huge island. The back master bedroom has its own backyard access and sliding barn door leading to a beautiful bathroom with double sink Quartz countertops and a walk in closet. This home has beautiful wood looking laminate floors throughout, new baseboards and custom trim around doors and windows, all new Low E dual pane vinyl windows, newer copper plumbing and new ABS waste lines, and all brand new interior and exterior doors. There is a convenient indoor large laundry area with outdoor access to the side yard. The front and back yard has a new sprinkler system and brand new grass. This home will go fast, bring your most discerning buyers! The manager has listed the unit size as 1110 square feet.
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| May 31, 2018 | Listed by Allison James Estates & Homes | $558,888 | |
| Listed by Allison James Estates & Homes | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017