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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%.
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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.
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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 8, 2020 | No longer available | - | |
| No longer available | |||
| Jan 11, 2020 | Listed | $2,250,000 | |
| Listed | |||
| | |||
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Stunning Estate Home in prestigious Covenant Hills, ideally located on a private cul-de-sac on a corner lot with only one neighbor and backing to a grassy area. Boasting 6 bedroom, 6 1/2 baths this pool home features two TRUE MASTER SUITES; one larger one up and one down. The down-stairs master is perfect for an in-law suite, large bonus room, movie theatre or add bi-fold doors to create the perfect in/out door space. This beautiful updated home features custom hand-laid, solid hardwood floors, quartz countertops, a gourmet kitchen with huge center island open to the expansive family room. The kitchen features a double Sub Zero fridge, Wolf appliances, walk-in pantry, wine fridge & more! A tranquil formal living room & dining room are open to the front gated courtyard & covered side yard and is perfect for entertaining. In addition to the second master, there is also a full downstairs guest suite. The second level features a gorgeous master suite with built-ins, a fireplace, an AMAZING walk-in closet, balcony, and remodeled master bath w/ walk in shower and jetted tub. Three additional secondary ensuite bedrooms & spacious laundry complete the second floor. The spacious back yard is an entertainer's dream, complete with tasteful landscape, a saltwater pool with cascading waterfalls & hot tub, fireplace, built-in BBQ and covered patios. A rare 3 car wide garage,deep with high ceilings and complete with epoxy flooring & storage.For a private showing Josh Zollinger 949-613-5300 The manager has listed the unit size as 5312 square feet.
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| Apr 20, 2018 | Sold | ||
| Sold | |||
| Mar 7, 2018 | Listed by Ladera Realty | $2,199,999 | |
| Listed by Ladera Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017