8825 5th Avenue
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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 21, 2018 | No longer available | - | |
| No longer available | |||
| Sep 4, 2018 | Listed | $360,000 | |
| Listed | |||
| | |||
|
Two homes for the price of One! Spacious 3 Bedroom & 3 Bathroom main house, with a separate 1 Bedroom & 1 Bathroom Casita. Great for extended family, or as an income producing rental! Main house features a large circular driveway with porte-cochere, that becomes the focal point of the whole property. In addition, a 4 car attached garage provides direct access to the main house.The lovely red brick porch invites you inside. Plenty of living space with a separate living room and a family room with a newer wood burning stove to keep things cozy all winter. French doors from both the family room as well as the Master Suite lead out to the covered patio, and nice sized backyard fully enclosed by a stucco covered block wall for privacy. Beyond this stretches the rest of the 1 acre lot, which includes a long, wide concrete driveway to the back of the property and separate 4 car detached garage/workshop with high doors and ceiling! This is another potential rental income source. The separate Casita has it's own fenced front and back yards as well as a large covered porch. This unique property has too many features to list, come see for yourself the great investment potential here! The manager has listed the unit size as 1931 square feet.
| |||
| Aug 28, 2018 | Sold | ||
| Sold | |||
| May 14, 2018 | Listed | $360,000 | |
| Listed | |||
| | |||
|
Two homes for the price of One! Spacious 3 Bedroom & 3 Bathroom main house, with a separate 1 Bedroom & 1 Bathroom Casita. Great for extended family, or as an income producing rental! Main house features a large circular driveway with porte-cochere, that becomes the focal point of the whole property. In addition, a 4 car attached garage provides direct access to the main house.The lovely red brick porch invites you inside. Plenty of living space with a separate living room and a family room with a newer wood burning stove to keep things cozy all winter. French doors from both the family room as well as the Master Suite lead out to the covered patio, and nice sized backyard fully enclosed by a stucco covered block wall for privacy. Beyond this stretches the rest of the 1 acre lot, which includes a long concrete driveway to the back of the property and separate 4 car detached garage/workshop with high doors and ceiling! The separate Casita has it's own fenced front and back yards as well as a large covered porch. This unique home has too many features to list, come see for yourself the potential to truly create your dream home here! The manager has listed the unit size as 2431 square feet.
| |||
| Oct 16, 2017 | Listed by RE/MAX SS | $360,000 | |
| Listed by RE/MAX SS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017