10 Telescope
About This Property
The recently refreshed home boasts nearly 4,500 sq ft of open living space, high ceilings, and offers an abundance of natural light throughout. The newer custom kitchen is completed by high end cabinetry, granite countertops, and all new Thermador professional appliances. The adjacent family room is flanked by natural light through walls of glass and offers sit down unobstructed views of the canyon and entertainers yard. With 4 en suite bedrooms (one is on the main level), plus a teen room/office, multiple fireplaces, a dramatic living room and dining area with french doors for optional al fresco dining, this floor plan is sure to please while embracing the California Riviera lifestyle. The large master bedroom suite has a separate retreat perfect as a study, exercise room, or even a secondary massive walk in closet.
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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 |
|---|---|---|---|
| Mar 20, 2018 | Sold | ||
| Sold | |||
| Aug 7, 2017 | Listed by Coldwell Banker Res. Brokerage | $4,199,000 | |
| Listed by Coldwell Banker Res. Brokerage | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017