932 S 5th Avenue
About This Property
The home features a spacious kitchen, perfect for preparing meals for family gatherings, and a cozy family room that's ideal for relaxing or entertaining. The well-sized bedrooms offer plenty of comfort, while ample closet space throughout the house ensures everything has its place.
Step outside to a private oasis boasting over 16,000 sq. feet, featuring a sparkling pool and spa-an ideal setting for relaxation and entertainment. The covered patio provides a shaded retreat for outdoor dining and lounging, and solar panels add energy efficiency. The detached double 2-car garages offers plenty of parking and storage. The primary bedroom includes an ensuite bathroom for added privacy and comfort, and a bonus room adds versatility, whether used as a home office or studio. With its large layout and flexible spaces, this home is well-suited for large or multigenerational families, offering room for everyone. Just minutes away from shopping, entertainment, & restaurants.
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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 |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Oct 23, 2024 | In contract | - | |
| In contract | |||
| Sep 30, 2024 | Listed by Keller Williams Beverly Hills | $1,699,000 | |
| Listed by Keller Williams Beverly Hills | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017